Canada's CPI rises 2.2 pct in November

Lower prices for travel tours and traveler accommodation, in addition to slower growth for rent prices, put downward pressure on the all-items CPI.

OTTAWA, Dec. 15 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 2.2 percent year on year in November, matching the increase in October, Statistics Canada said on Monday.

According to the national statistical agency, prices for services rose at a slower pace in November compared with October. Lower prices for travel tours and traveler accommodation, in addition to slower growth for rent prices, put downward pressure on the all-items CPI.

Offsetting the slower growth in services on an annual basis were higher prices for goods, driven by price increases for groceries as well as a smaller decline for gasoline prices, said the agency.

Excluding gasoline, the CPI rose 2.6 percent for the third consecutive month, it added.

The CPI rose 0.1 percent month over month in November, it said. ■