Breaking: Inflation cools in February, falling to 5.2%, Statistics Canada says
Some items are still seeing inflation well above the “headline” rate; in February, groceries were 10.6 per cent higher than they were a year ago.
“A slight decline in gasoline prices, combined with a drop in the natural gas segment, should have benefited consumers during the month,” National Bank wrote in a forecast. In the U.S., the annual rate of inflation fell to 6.0 per cent in February from 6.4 per cent in January, the U.S. Bureau of Labor Statistics announced last Tuesday.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Statistics Canada set to release its latest inflation reading this morning - BNN BloombergStatistics Canada is set to release its latest report on how much the cost of living is rising this morning.
Read more »
Statistics Canada set to release its latest inflation reading this morningStatistics Canada is set to release its latest report this morning on how much the cost of living is rising.
Read more »
Annual pace of inflation in Canada cooled in FebruaryStatistics 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.
Read more »
Canada's annual pace of inflation cooled in February - BNN BloombergCanada’s inflation rate climbed in February from the same month a year earlier, according to Statistics Canada data released on Tuesday.
Read more »
Canada’s annual inflation rate eases more than expected to 5.2% in FebruaryA drop in gas prices and softer growth in shelter costs helped bring the consumer price index to its lowest level since January 2022
Read more »
Canadian Home Prices Edged Closer to Bottom in FebruaryCanadian home prices continued to tumble in February, but there are signs that the bottom is near. teranet_social | banquenationale | hp_index | realestate realestatenews Canada homeprices realestatemarket
Read more »