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Canada December annual inflation rate rises to 2.0 pct

Published 2019-01-18, 11:58 a/m
Updated 2019-01-18, 12:00 p/m
Canada December annual inflation rate rises to 2.0 pct

TORONTO, Jan 18 (Reuters) - Jan 18 (Reuters) - Canada's annual inflation rate in December rose to 2.0 percent from 1.7 percent in November as rising air transportation and telephone service costs offset lower energy prices, Statistics Canada said on Friday.

Percent changes

Month-on-month

Year-on-year

Dec

Nov

Dec

Nov

CPI - all items

-0.1

-0.4

+2.0

+1.7

CPI - common

n/a

n/a

+1.9

+1.9

CPI - trim

n/a

n/a

+1.9

+1.9

CPI - median

n/a

n/a

+1.8

+1.8

Bank of Canada core

-0.2

-0.2

+1.7

+1.5

All items ex food/energy

+0.1

-0.3

+2.3

+1.7

Goods

-0.7

-0.7

+0.2

+0.5

Services

+0.5

-0.1

+3.5

+2.7

Energy

-3.7

-4.8

-3.7

-1.3

Seasonally adjusted

+0.2

-0.1

n/a

n/a

Bank of Canada core

seasonally adjusted

+0.2

+0.1

n/a

n/a

NOTE: None of the figures except those in the last two lines are seasonally adjusted. The median prediction of analysts surveyed by Reuters was for the consumer price index to be -0.4 percent for the month, and annual inflation of 1.7 percent in December.

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