Forex Blog

November 18, 2009

Canada’s Sees First Positive Inflation Rate

For the first time since May, Canada records a positive growth rate of 0.1 percent for the month of October. Analysts say the negative results for the summer months were based solely on lower gasoline prices compared to the same time the previous year and excluding energy prices, Canada’s annual inflation rate would actually be 1.4 percent.

The Canadian Press

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