Canada’s inflation rate ticked up to two per cent in October, Statistics Canada said on Tuesday. The consumer price index had previously hit 1.6 per cent in September, thanks to a steep decline in gas prices.Gas prices fell again in October, though to a lesser extent. With gasoline excluded, all-items inflation came in at 2.2 per cent, the same as in September and August.Grocery inflation rose at a faster pace in October compared to the same period a year before, outpacing overall inflation for the third month in a row. Higher prices for fresh vegetables and preserved fruit contributed to this trend.Shelter inflation also…