UPDATE 2-Canada's October inflation up on gasoline spike

Newswire

(Adds analyst comments, updates market activity) By Gilbert Le Gras OTTAWA, Nov 23 (Reuters) - A spike in gasoline prices fueled Canada's annual inflation rate in October, but analysts said it is unlikely to sway the Bank of Canada from raising interest rates in December. The annual inflation rate rose to 2.3 percent last month from 1.8 percent in September, mainly on a sharp rise in gasoline prices, Statistics Canada said on Tuesday. Statscan said October's gasoline price spike was ...

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