Canada's inflation cools to 3-yr low of 2.7%, in boost for rate cut bets

Canada’s Inflation Rate Drops to 2.7 Per Cent in April

Canada’s inflation rate fell to 2.7 per cent in April, down from 2.9 per cent in March, amid a broad-based deceleration in price growth. In Newfoundland and Labrador, the rate dropped from 3.1 per cent to 2.6 and in St. John’s, inflation fell almost a full percentage point to 2.9 from 3.8. The agency’s consumer price index report says the slowdown nationally was led by food prices, services and durable goods. Meanwhile, higher gasoline prices m…

Canada's inflation cools to 3-yr low of 2.7%, in boost for rate cut bets

Canada Inflation Up 2.7% in April, Rises at Slowest Pace in Three Years

By Robb M. Stewart OTTAWA--Canada's annual inflation rate declined to its slowest pace in three years last month as cooling food-price growth more than made...

Canada's annual inflation rate drops to 2.7% in April

This article explains the investment opportunities of ETFs (EWC) and (FLCA) in the USD:CAD currency pair, highlighting their potential benefits for...

Canada's inflation rate falls to 2.7% in April as price growth slows across economy

OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based deceleration in price growth, Statistics Canada reported Tuesday.

Canada's inflation cools to 3-yr low of 2.7%, in boost for rate cut bets

Canada's annual inflation rate slowed to a three-year low of 2.7% in April, matching expectations, and core measures continued to ease, data showed on Tuesday, likely boosting chances of a June interest rate cut.