Canada

The annual rate of consumer inflation in Canada cooled slightly in January, according to the latest data, even as prices increased again — though at a slower pace  — for food and other essentials. The consumer price index (CPI) was 2.3 per cent last month compared with a year earlier, according to Statistics Canada. That’s down slightly from December’s reading of 2.4 per cent. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. CPI reports calculate the average rate at which prices change for consumers…

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