Published 5 months ago

Canada's inflation rate fell to 2.9% in January

Canada's inflation rate dropped more than expected, with gasoline, airfare, and clothing prices decreasing.
Statistics Canada reported a decrease in the annual inflation rate to 2.9% in January from 3.4% in December, with gas prices contributing to the decline.
The Bank of Canada sees positive signs as price pressures ease, and core inflation measures fall, showing a potential for interest rate cuts.

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CTV News

'Very pleasant surprise': Canada's inflation rate tumbled to 2.9 per cent in January

Canada's inflation rate fell more than expected last month as price growth moderated across the economy, including outright price declines for gasoline, airfares and clothing.

5 months ago·Canada

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CBC News

Canada's inflation rate slowed to 2.9% in January as gas prices fell

Canada's annual inflation rate slowed to 2.9 per cent in January, according to data from Statistics Canada.

5 months ago·Canada

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Reuters

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5 months ago·United Kingdom

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Global News

Inflation slowed sharply to 2.9% in January as gas prices fell - National

The annual rate of inflation in Canada dropped half a percentage point in January thanks largely to lower gas prices, Statistics Canada says.

5 months ago·Toronto, Canada

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Winnipeg Free Press

Here's a list January inflation rates for Canadian provinces

OTTAWA – Canada’s annual inflation rate was 2.9 per cent in January, Statistics Canada says. Here’s what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.5 […]

5 months ago·Winnipeg, Canada

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Financial Post

Canada's inflation rate tumbled to 2.9% in January, grocery prices rise more slowly

OTTAWA -- Canada's annual inflation rate fell to 2.9 per cent last month, marking a sharper deceleration in price growth than expected by forecasters.

5 months ago·Canada

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