Canada's inflation rate slows more than expected to 2.9% in January

OTTAWA (Reuters) -Canada's annual inflation rate slowed significantly more than expected to 2.9% in January, largely on lower gasoline prices, while core inflation measures dropped to their lowest levels in more than 2 years, data showed on Tuesday. This was the fist time since June last year that the consumer price index rise dipped below 3%. Analysts polled by Reuters had forecast inflation to

Canada's inflation rate slows more than expected to 2.9% in January
OTTAWA (Reuters) -Canada's annual inflation rate slowed significantly more than expected to 2.9% in January, largely on lower gasoline prices, while core inflation measures dropped to their lowest levels in more than 2 years, data showed on Tuesday. This was the fist time since June last year that the consumer price index rise dipped below 3%. Analysts polled by Reuters had forecast inflation to