Canada Inflation Steadies at 2.2% in November

Core Insights - Consumer price growth in Canada remained stable last month, indicating a balance in the overall inflationary environment [1] Group 1: Consumer Services and Grocery Costs - Consumers experienced a decrease in service costs, contributing to the stability in consumer price growth [1] - Grocery costs saw the sharpest increase since the end of 2023, highlighting a significant pressure point for consumers [1] Group 2: Fuel Prices - Prices at the pump declined, but the reduction was less pronounced compared to previous months, suggesting a potential area of concern for consumers [1]