"Higher prices for fresh vegetables and preserved fruit contributed to this trend. Grocery inflation rose at a faster pace in October compared to the same period a year before, outpacing overall inflation for the third month in a row."
"Shelter inflation also cooled to 4.8 per cent on a yearly basis in October as mortgage interest costs and rents grew at a slower pace."
"Prices increased the most in Newfoundland and Labrador and British Columbia. Property taxes saw the highest yearly increase since 1992, rising six per cent compared to a 4.3 per cent increase during the same period a year before."
"Given that this report follows a string of better news on inflation, and the fact that the GDP and employment data remain to be seen ahead of the December [Bank of Canada] decision, we still see a 50 [basis-point] cut as possible at the next BoC meeting"
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