This marks the eighth straight month inflation in the province outpaced that of the rest of the country.
B.C. shoppers aren’t getting the same kind of relief at check-out counters as their fellow Canadians as inflation remains much stickier on the West Coast than the rest of the country.
But B.C. was the only province where inflation did not cool down. Instead, the annual rate remained unchanged between those months at 6.2 per cent. "There was nothing in today's inflation report that would move the Bank of Canada off of its pause on interest rate moves,” TD Bank senior economist Leslie Preston said in a note. “Unlike the [U.S.] Federal Reserve, domestic inflation trends mean the BoC can ride out the current volatility in financial markets driven by stresses in the banking sector internationally.”
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