Inflation edged down slightly to 1.9 per cent in November as price growth continued to stabilize in Canada. Statistics Canada’s consumer price index report released today shows inflation was down from two per cent in October. Shelter costs increased at a slower annual pace of 4.6 per cent, while rent price inflation accelerated to 7.7 per cent. Grocery prices continued to grow faster than overall prices, rising 2.6 per cent from a year ago. PEI’s inflation rate in November stood at 1.8 percent.
