Excluding gasoline, the Consumer Price Index increased 2.8 per cent in March.
Statistics Canada said on Tuesday that higher gas prices contributed most to the slight increase, as prices jumped 4.5 per cent year-over-year in March. Excluding gasoline, the Consumer Price Index increased 2.8 per cent.
The central bank's closely watched core measures of inflation slowed in March, with CPI-median pulling back to a 2.8 per cent annual increase and CPI-trim edging down to 3.1 per cent annually "The further decline we’ve seen in core inflation is very recent. We need to be assured this is not just a temporary dip."Canada's inflation rate ticks up to 2.9%, but underlying cooling continues
Consumer Price Index Core Inflation
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