16 Apr Inflation up slightly to 2.9% in March, thanks to gasoline and shelter prices
Posted at 12:42h
in Canada
Business
Gasoline prices contributed the most to the March inflation rate, according to Statistics Canada. (David Paul Morris/Bloomberg)
The consumer price index shows inflation was at 2.9% in March compared to the year before, a slight increased compared to February.
Year-over-year inflation up slightly, compared to 2.8% gain in February
The consumer price index shows inflation was at 2.9 per cent in March compared to the year before, a slight increased compared to February.
According to Statistics Canada, gasoline prices, mortgage interest costs and rent contributed to upward pressure in the inflation rate.
More to come.