Canadian inflation is likely to have accelerated in 2011

Note: This section contains information in English only.
Source: Bloomberg
Canada's inflation probably accelerated at the fastest pace in 2011 since the country began inflation level targeting in 1991. According to the poll of economists, the consumer price index surged by 2.7% in December on annual basis. November annual inflation rate reached 2.9%. Bank of Canada expects inflation to slow down to annual 1.5% through April-June period. The official report will be issued today.
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