OTTAWA – Statistics Canada announced on Friday inflation in the province rose 2.3 per cent for the month of December. That is up 0.9 percentage points from November.
In Saskatoon, the inflation rate was 1.9 per cent while prices were up 2.5 per cent in Regina. StatsCan cautions figures for cities may fluctuate widely due to small statistical sample sizes.
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The national inflation rate was 1.2 per cent.
StatsCan said the faster year-over-year increase was largely attributed to higher gas prices, along with a rise in shelter costs and food prices.
In a separate report also released on Friday, StatsCan said the annual increase in consumer prices in Saskatchewan for 2013 was 1.5 per cent, a 0.1 percentage point drop from 2012.
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