Canada's CPI rises 5.9 pct in January

Published date22 February 2023
Publication titleXinhua Finance Agency

OTTAWA, Feb. 21 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 5.

9 percent year over year in January, following a 6.3 percent increase in December, Statistics Canada announced Tuesday.

Prices rose 4.9 percent on a year-over-year basis excluding food and energy and 5.

4 percent excluding mortgage interest cost In January, the national statistical agency said, adding that in both cases, year-over-year price growth slowed compared with December.On a monthly basis, the CPI rose 0.

5 percent in January 2023 following a 0.6 percent decline in December.

Higher gasoline prices contributed the most to the month-over-month increase, followed by a rise in mortgage interest cost...

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