OTTAWA, Jan. 17 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 6.8 percent on an annual average basis in 2022, hitting a 40-year high, Statistics Canada announced Tuesday.
Price increases were broad-based in 2022 and higher energy prices contributed the most to headline inflation. Excluding energy, the annual average CPI rose 5.7 percent in 2022, the national statistical agency said.
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