OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based deceleration in price growth, Statistics Canada reported Tuesday. The agency says the slowdown from 2.
OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based deceleration in price growth, Statistics Canada reported Tuesday.
Tuesday’s consumer price index report bears good news for the Bank of Canada, which has been looking for a sustained decline in inflation toward its two per cent target. The central bank has signalled that it is inching closer to cutting interest rates but wants to see the slowdown in inflation sustained for longer.
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Statistics Canada to release April inflation report this morningStatistics Canada is set to release its April consumer price index report this morning.
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Statistics Canada to release April inflation reportStatistics Canada is set to release its April consumer price index report this morning.
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Statistics Canada to release April inflation report this morningOTTAWA — Statistics Canada is set to release its April consumer price index report this morning. Economists expect Canada's annual inflation rate fell...
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