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The latest inflation figures could ultimately persuade the Bank of Canada to cut interest rates at the next decision on June 5

The Globe & Mail

Canada

Canada’s inflation rate slowed to 2.7% in April, boosting bets for June rate cut

Ad Fontes Media

All Sides

Media Bias/Fact Check

The Woodbridge Company

OTTAWA — Inflation in Canada fell to 2.7 percent in April, its lowest level in several years, the government statistical agency said Tuesday, increasing the prospects of an interest rate cut soon. The figure was down from 2.9 percent in March and marks the fourth month in a row that the Consumer Price Index has come in below the upper end of the Bank of Canada’s 1.0-3.0 percent target range. This “persistently softer economic backdrop,” which ha…

Inquirer

Inquirer Group of Companies

Manila

Metro Manila

Philippines

Canada inflation ticks lower to 2.7%

Annual inflation slowed in Canada in April to 2.7%, down 0.2 percentage points from March.

L'inflation annuelle a ralenti au Canada en avril pour s'établir à 2,7 %, en recul de 0,2 point de pourcentage par rapport aux données de mars.

Ralentissement de l’inflation à 2,7 % en avril

Radio-Canada

Montreal

Quebec

Inflation slowed to 2.7% in April

Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. Statistics Canada released its Consumer Price Index report for April this week, and the numbers show a two-point drop since the last figure was announced. In March, Canada’s inflation rate was sitting at 2.9 per cent. Statistics Canada reported that the two-point year-over-year change to the consumer price index (CPI) was led by a deceleration in food prices…

CHCH

Canada's inflation dipped to 2.7% in month of April

Inflation in Canada fell to 2.7 per cent in April, increasing the prospects of an interest rate cut soon

Canada’s inflation rate slowed to 2.7% in April, boosting bets for June rate cut

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