Canadian annual inflation rose to 1.9% in January
- Canada's annual inflation rate rose to 1.9% in January, as reported by Statistics Canada.
- Gas prices increased by 8.6%, particularly in Manitoba due to a reintroduced gas tax, according to Statistics Canada.
- Stephen Brown noted that underlying inflation pressures are building despite the GST holiday keeping headline inflation below 2%.
- Royce Mendes stated he believes the central bank will keep rates steady in March, dependent on tariff news and data releases.
39 Articles
39 Articles

Inflation once again stayed below two per cent in January
Higher gas and natural gas prices pushed inflation up in January, but not by much.
Canada’s Annual Inflation Rate Increases to 1.9% in January
OTTAWA—Canada’s annual inflation rate inched up to 1.9 percent in January from the previous month as higher gasoline and natural gas costs reduced the impact of a sales tax reprieve on broader consumer prices, official data showed on Tuesday. The core measures of the consumer price index, which have not declined as fast as the inflation rate in the past few months, edged up too. January’s CPI reading racked up a six-month record of inflation com…
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