ottawacanadas annual inflation rate cooled in january with prices for cellular services and passenger vehicles contributing most to the deceleration the countrys consumerprice index rose 59 from a year earlier in january statistics canada said tuesday the market was expecting the index to rise 61 for the month according to economists at td securities the index eased to 63 in december on a monthovermonth basis prices rose 05 in january on a seasonally adjusted basis cpi was up 03 from the previous month meanwhile the average of the bank of canadas preferred measures for underlying core inflation in january was 51 down from 53 the month before core inflation provides a measure of price changes that excludes volatile goods such as food and energy