Inflation cooled to 2.7% in April as food price growth slowed

Canada's consumer price index cooled to 2.7 per cent in April, down from 2.9 per cent in March, led by a decline in the growth of food prices, Statistics Canada said Tuesday.

Inflation cooled to 2.7% in April as food price growth slowed
A view of produce on grocery store shelves, with bags of oranges in the foreground, and bags of lettuce further along the aisle.

Canada's consumer price index cooled to 2.7 per cent in April, down from 2.9 per cent in March, led by a decline in the growth of food prices, Statistics Canada said Tuesday.