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Global markets: CDN employment insurance increases year-over-year

By Commodity News Service Canada

WINNIPEG, January 18 – The following is a glance at the news moving markets globally.

– In the 12 months to November, the number of regular EI beneficiaries in Canada increased by 26,700, or 4.9 per cent, Statistics Canada said in a report on Wednesday.

In November, 574,500 people received regular Employment Insurance (EI) benefits, essentially unchanged from the previous month.

– US consumer prices increased in December, according to reports out of the country on Wednesday.

The country’s Consumer Price Index increased by 0.3 per cent in December, following a 0.2 per cent increase in November.

Analysts say prices were pushed up by higher gasoline and rental prices.

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