{"id":341002,"date":"2025-12-12T18:56:07","date_gmt":"2025-12-12T18:56:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/341002\/"},"modified":"2025-12-12T18:56:07","modified_gmt":"2025-12-12T18:56:07","slug":"annual-inflation-expected-to-tick-up-to-2-3-per-cent-in-november","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/341002\/","title":{"rendered":"Annual inflation expected to tick up to 2.3 per cent in November"},"content":{"rendered":"<p class=\"c-paragraph\">Economists are expecting the annual inflation rate moved slightly higher in November.<\/p>\n<p class=\"c-paragraph\">As of late-morning Friday, a Reuters poll of economists predicts headline inflation to come in at 2.3 per cent for the month, according to LSEG Data &amp; Analytics. <\/p>\n<p class=\"c-paragraph\">CIBC senior economist Andrew Grantham says he expects gasoline prices to be the main factor pushing up the inflation figure. <\/p>\n<p class=\"c-paragraph\">Statistics Canada reported that the annual inflation rate fell to 2.2 per cent for the month of October.<\/p>\n<p class=\"c-paragraph\">On Wednesday, the Bank of Canada kept its key policy rate steady at 2.25 per cent, noting that further cuts weren\u2019t needed to boost economic activity and that inflation remains in check.<\/p>\n<p class=\"c-paragraph\">RSM chief economist Joseph Brusuelas says it appears that overall inflation has stabilized in recent months, despite some increases in the cost of food and certain metals.<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published Dec. 12, 2025.<\/p>\n<p class=\"c-paragraph\">Daniel Johnson, The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"Economists are expecting the annual inflation rate moved slightly higher in November. As of late-morning Friday, a Reuters&hellip;\n","protected":false},"author":2,"featured_media":341003,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":{"0":"post-341002","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/341002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=341002"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/341002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/341003"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=341002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=341002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=341002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}