Investing.com - The overall rate of inflation in Canada slowed in November, Statistics Canada said on Wednesday.
The consumer price index rose 1.7% last month, compared with the same month a year earlier.
Prices fell by 0.4% from a month earlier.
Economists had expected annual inflation to increase by 1.8% and monthly inflation to fall by 0.4%.
Core inflation, which excludes gasoline, rose 1.5% from a year earlier and fell by 0.2% from the previous month.
The Bank of Canada aims to keep inflation at 2%, the midpoint of a target range of 1% to 3% over the medium term.