Statistics Canada to release November inflation figures today

Statistics Canada is set to release its November consumer price index report this morning.

Economists at both TD and RBC are expecting Canada's inflation rate fell back to the one to three per cent target range. 

RBC says it expects Canada's inflation rate eased to 2.9 per cent last month as gasoline prices fell and the pace of growth in food prices slowed.

The inflation rate was 3.1 per cent in October.