Canada’s CPI rises to 1.9% in Jan, core inflation ticks up

Canada’s headline CPI increased from 1.8% yoy to 1.9% yoy in January, in line with expectations. The rise was driven by higher energy costs, particularly gasoline and natural gas, while GST/HST tax break introduced in December helped offset broader price pressures. Food prices fell -0.6% yoy, marking the first annual decline since May 2017, led […]

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