Inflation in Calgary was slightly higher in November.
In November, consumer prices in Calgary rose 2.0 per cent year-over-year after rising 1.5 per cent in October. The inflation rate increased to 2.0 per cent in Alberta and 1.4 per cent in Canada in the same period (Chart 1). The all-items inflation rates for Calgary, Alberta, and Canada were moderate mostly attributable to an annual decline in energy prices.
Even though the gasoline prices in Calgary took a tumble of 8.0 per cent in the month of November, transportation costs still rose slightly by 0.7 per cent. Shelter cost inflation kept low at 1.1 per cent, due to the slower increases in rented and owned accommodations and the annual decline in the electricity and natural gas prices
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