Inflation rose to 2.0 per cent in October, putting December interest rate cut into question

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After falling for four straight months, Canada’s annual rate of inflation rose in October, something which could put the size of a December interest rate cut by the Bank of Canada into question.

The Consumer Price Index — a broad-based measure of inflation — was 2.0 per cent higher than it was a year ago, up from 1.6 per cent in September.

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