Canada, inflation
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Statistics Canada is reporting that grocery inflation in November reached the highest rate in nearly two years after it rose 4.7 per cent compared to this time last year, and economists say they don’t expect food prices to come down anytime soon.
The retail inflation rose 46 basis points compared to October. “Year-on-year inflation rate based on All India Consumer Price Index (CPI) for November, 2025 over November, 2024 is 0.71% (Provisional). There is an increase of 46 basis points in headline inflation of November 2025 in comparison to October 2025.”