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Published 1 year ago

Canada’s annual inflation rate eases more than expected to 5.2% in February

Summary by Reuters
Canada's annual inflation rate cooled more than expected in February, as a drop in gas prices and softer growth in shelter costs helped bring the consumer price index to its lowest level since January 2022, Statistics Canada data showed on Tuesday.

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CTV NewsCTV News

Annual pace of inflation in Canada cooled in February

Statistics Canada says the annual pace of inflation cooled as its consumer price index for February rose 5.2 per cent compared with a year ago.

1 year ago·Canada
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ReutersReuters

Canada's annual inflation rate eases more than expected in Feb

Canada's annual inflation rate cooled more than expected in February, as a drop in gas prices and softer growth in shelter costs helped bring the consumer price index to its lowest level since January 2022, Statistics Canada data showed on Tuesday.

1 year ago·United Kingdom
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CBC NewsCBC News

Inflation rate drops to 5.2% in February — but grocery prices are still up

Canada's inflation rate cooled to 5.2 per cent in February, the largest deceleration from a previous month since April 2020, according to Statistics Canada.

1 year ago·Canada
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Winnipeg Free PressWinnipeg Free Press

February inflation rates, by Canadian city

OTTAWA – Canada’s annual inflation rate was 5.2 per cent in February, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated […]

1 year ago·Winnipeg, Canada
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Financial PostFinancial Post

Canada's annual inflation rate cooled in February

OTTAWA — The annual pace of inflation cooled in February as it posted its largest deceleration since April 2020.

1 year ago·Canada
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The Toronto StarThe Toronto Star

Could the Bank of Canada cut interest rates this year? Economists say it’s possible as inflation falls by the most in almost three years

Despite biggest slowdown since April 2020, it was the seventh straight month of double-digit food inflation.

1 year ago·Toronto, Canada
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