"(CBC) Canada's annual inflation rate edged down to 2.2 per cent in October, largely due to gas prices falling at a faster pace, Statistics Canada said on Monday."
"Pump prices fell at a rate of 9.4 per cent in October, after falling 4.1 per cent in September, as people switched to cheaper winter gas blends and lower crude prices continued."
"Excluding gasoline, inflation came in at 2.6 per cent last month, the same as in September."
Canada's annual inflation rate eased to 2.2 per cent in October, largely because gasoline prices fell more sharply. Pump prices dropped 9.4 per cent in October following a 4.1 per cent decline in September, influenced by a switch to cheaper winter gas blends and continued lower crude oil prices. Inflation excluding gasoline held at 2.6 per cent in October, unchanged from September. The gap between headline inflation and the gasoline component reflects volatile energy-driven movements rather than a broad acceleration in consumer prices.
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