January's 2.9% inflation rate mainly due to lower gas prices: Statistics Canada
Ottawa (Feb 20) – Inflation fell to slightly under 3% in January largely due to lower gas prices, according to the latest report from Statistics Canada (StatsCan). The national statistical agency says that the largest contributor to headline deceleration was lower year-over-year prices for gasoline in January (-4.0%) compared with December (+1.4%). Excluding gasoline, headline […]
Ottawa (Feb 20) – Inflation fell to slightly under 3% in January largely due to lower gas prices, according to the latest report from Statistics Canada (StatsCan). The national statistical agency says that the largest contributor to headline deceleration was lower year-over-year prices for gasoline in January (-4.0%) compared with December (+1.4%). Excluding gasoline, headline […]
