The Consumer Price Index (CPI) in Canada grew by about 6.8% in November on an annual basis, according to figures released moments ago, compared to 6.9% in the October reading, less than expectations that indicated a rise to 7.3%, while prices for the main index, excluding food and energy, rose to 5.4%, compared to 5. .3% in the October reading.

On a monthly basis, the index rose by 0.1% in November, after growing by about 0.7% in October, better than market expectations that indicated its stability at 0.0%.

In the details, gasoline prices fell by 6.3% in November on a monthly basis and rose by 13.7% on an annual basis, while food prices rose by 11.4% on an annual basis.

The Canadian dollar is trading at 1.3607 levels, on the rise against the US dollar, before the opening of the US markets.