Canada’s inflation picked up in March as CPI rose from 1.8% yoy to 2.4% yoy, driven largely by a sharp rebound in energy prices, but missed expectation of 2.5% yoy. On a monthly basis, CPI increased 0.9% mom, also below expectation of 1.1% mom. Higher fuel costs linked to the Middle East conflict pushed headline […]

The post Canada Inflation Jumps to 2.4% yoy in March, Gasoline Prices Up Record 21.2% mom appeared first on ActionForex.