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Canada’s Inflation Cools to 2.2% in October Amid Cheaper Gas and Groceries

  Motorists fuel up at an ONroute gas station near Maple, Ont., on April 1, 2025. Lower gas prices helped bring overall inflation down in October, Statistics Canada says. Canada’s annual inflation rate eased to 2.2% in October , down from 2.4% in September. The slowdown was largely driven by falling gasoline and grocery prices, offering some relief to consumers after months of persistent cost pressures. Key Drivers of the Decline Gasoline prices dropped 4.8% month-over-month , as retailers switched to cheaper winter fuel blends and global crude oil prices fell due to oversupply concerns. Grocery prices fell 0.6% in October , marking the largest monthly decline since September 2020. Annual grocery inflation cooled to 3.4% , down from 4% in September, with lower costs for processed foods and fresh vegetables offsetting higher prices for chicken. Excluding gasoline, the Consumer Price Index (CPI) rose 2.6% year-over-year , showing that underlying inflationary pressures remain....
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Euro 2024: Fans’ Fever Pitch Ahead of Historic Final

 

The anticipation is palpable as England and Spain gear up for the Euro 2024 final in Berlin’s Olympiastadion. Tens of thousands of England fans have flooded the German capital, with every bar, café, and fan zone buzzing with excitement. Here’s a glimpse of the atmosphere:

  1. Passionate Fans: England supporters have already declared themselves champions, with one fan even getting a tattoo of a trophy and the words “England Euro 2024 Winners.” Spanish fans are equally optimistic, hoping for last-minute tickets.

  2. Brandenburg Gate Hotspot: The iconic Brandenburg Gate has become a hub for fans from both nations, dressed in their football Sunday best. Flags, cheers, and camaraderie fill the air.

  3. Berlin Transformed: Central Berlin is awash in team colors as fans deck out the city. Football fever has taken over, and the historic backdrop of the Brandenburg Gate adds to the excitement.

Get ready for an unforgettable showdown! 

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