Canada's annual inflation rate slowed to 2.8% in February

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Canada's annual inflation rate slowed to 2.8% in February
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People shop in a grocery store in Montreal, Wednesday, November 16, 2022. Canada's annual inflation rate slowed to 2.8 per cent in February, according to Statistics Canada.

Canada's annual inflation rate slowed to 2.8 per cent in February, according to Statistics Canada.People shop in a grocery store in Montreal in November 2022. Canada's annual inflation rate slowed to 2.8 per cent in February, according to Statistics Canada. Canada's annual inflation rate slowed to 2.8 per cent in February, helped by a deceleration in the cost of cellular services, groceries and internet access services, Statistics Canada said Tuesday.

Jenna Benchetrit is a senior writer with the business content unit at CBC News. She has also covered entertainment and education stories. A Montrealer based in Toronto, Jenna holds a master's degree in journalism from Toronto Metropolitan University. You can reach her at [email protected] weekly look at what’s happening in the worlds of economics, business and finance. Senior business correspondent Peter Armstrong untangles what it means for you, in your inbox Monday mornings.

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