Food prices in October increased at the fastest pace in nearly 7

By The Canadian Press

Gas prices up 43 %; food prices 4.7 %

Annual inflation rate in November holds steady at 4.7%

Dec 15, 2021 | 7:55 AM

OTTAWA — A 43.6 per cent jump in gasoline prices fuelled a 4.7 per cent increase in the annual inflation rate in November.

Statistics Canada reports last month’s inflation rate matched October’s increase, which was the largest year-over-year gain for the consumer price index since February of 2003.

Food prices rose 4.7 per cent in November from year-ago levels, which was the largest increase since January 2015.

Here’s what happened in the provinces (previous month in brackets);

Newfoundland and Labrador; 4.2 per cent (4.5)

WHAT'S ON

Here is what's on this weekend in Medicine Hat and area: Dec. 13-15

8h ago

IN THE COMMUNITY

Medicine Hat's Mustard Seed adding new shelter spaces at Alberta government's request

Dec 12, 2024

HOLIDAYS

Medicine Hat Kiwanis hosting Christmas dinner, applications due Friday

Dec 12, 2024

Prince Edward Island; 7.0 per cent (6.6)

Nova Scotia; 5.3 per cent (5.4)

New Brunswick; 5.7 per cent (5.5)

Quebec; 5.2 per cent (5.3)

Ontario; 5.0 per cent (4.9)

Manitoba; 4.6 per cent (4.7)

Saskatchewan; 3.7 per cent (3.2)

Alberta; 4.3 per cent (4.3)

British Columbia; 3.6 per cent (3.8)

This report by The Canadian Press was first published Dec. 15, 2021