{"id":68849,"date":"2026-01-19T14:03:28","date_gmt":"2026-01-19T14:03:28","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/19\/canadas-inflation-rate-accelerates-to-2-4\/"},"modified":"2026-01-19T14:03:28","modified_gmt":"2026-01-19T14:03:28","slug":"canadas-inflation-rate-accelerates-to-2-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/19\/canadas-inflation-rate-accelerates-to-2-4\/","title":{"rendered":"Canada&#039;s inflation rate accelerates to 2.4%"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<br \/><br \/>\n<iframe loading=\"lazy\" title=\"Oil prices could sink even lower after Venezuela\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/DLLOERQE9so?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><br \/>\n<\/iframe><\/p>\n<p> Canada\u2019s <\/p>\n<p>                        inflation rate<\/p>\n<p>                         jumped to 2.4 per cent in December, due largely to lower comparable prices during the GST\/HST holiday a year earlier, <\/p>\n<p>                        Statistics Canada said Monday. <\/p>\n<p> The agency said restaurant prices were the largest contributor to a rise in the all-items consumer price index (CPI), as prices for food purchased from restaurants increased 8.5 per cent. <\/p>\n<p><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1&w=1600&resize=1600&ssl=1 1600w\" alt=\"\" data-has-syndication-rights=\"1\" data-license-id=\"\" data-portal-copyright=\"\" fifu-data-src=\"https:\/\/i2.wp.com\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-dec.-2025.jpg?ssl=1\" title=\"\" \/><\/p>\n<p> Grocery prices were flat from November, but were up five per cent year over year. <\/p>\n<p> Inflation had been 2.2 per cent in November, and economists expected it to remain unchanged in December. <\/p>\n<p> <em>More to come \u2026<\/em> <\/p>\n<p> <em>\u2022 Email: jswitzer@postmedia.com<\/em> <\/p>\n<ul class=\"related_links\">\n<li>RBC warns fresh CPI report will show food inflation grew more than 5%<\/li>\n<li>Why the Bank of Canada&#8217;s next move is more likely to be a hike<\/li>\n<\/ul>\n\n<br \/>Canada&#039;s inflation rate accelerates to 2.4%<\/a><br \/>\n<br \/>2026-01-19 14:03:28<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s inflation rate jumped to 2.4 per cent in December, due largely to lower comparable prices during the GST\/HST holiday a year earlier, Statistics Canada said Monday. The agency said&#8230;<\/p>\n","protected":false},"author":2,"featured_media":68850,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/01\/inflation-0119-ph.jpg","fifu_image_alt":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-68849","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=68849"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/68850"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=68849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=68849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=68849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}