Canada's inflation in March surprisingly slows to 2.3%, core measures elevated
- Canada's annual inflation rate dropped to 2.3% in March 2025, down from 2.6% in February, as reported by Statistics Canada.
- Gasoline prices fell by 1.6% year-over-year in March, contributing to lower inflation rates, according to Statistics Canada.
- The cost of dining out increased by 3.2% year-over-year, as noted by Statistics Canada, moderating the overall slowdown in inflation.
51 Articles
51 Articles

Inflation in Canada cools to 2.3 per cent in March
A substantial drop in gasoline prices was behind a drop in inflation last month.Stats Canada's Consumer Price Index report for March was released on Tuesday morning, and it showed that inflation fell to 2.3 per cent compared to March 2024.The rate in February was 2.6 per cent.The biggest change nationwide was the drop in gasoline prices, helped by assorted factors."Year over year, consumers paid 1.6 per cent less at the pump in March following a…
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