Canada CPI slows to 1.8% in February, inflation pressure eases before oil shock

Canada’s inflation slowed more than expected in February, with headline CPI easing from 2.3% yoy to 1.8% yoy, below market expectations of 1.9%. On a monthly basis, prices rose 0.5% mom, also slightly below forecasts of 0.6%, suggesting price pressures continued to moderate. The slowdown was driven by declines across several components. Energy prices as […]

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