Canada's annual inflation in January edges up to 1.9%, core measures also up
Canada's annual inflation rate inched up to 1.9% in January from the previous month as higher gasoline and natural gas costs reduced the impact of a sales tax reprieve on broader consumer prices, official data showed on Tuesday.
Canada's CPI rises in January as energy prices climb
Canada’s annual inflation rate edged higher in January, driven by rising energy prices that offset the effects of a federal sales tax holiday. Statistics Canada reported that the Consumer Price Index (CPI) increased 1.9 percent year over year, up from 1.8 percent in December. Excluding gasoline, inflation rose 1.7 percent.
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Canadian inflation would have accelerated further in January were it not for Ottawa’s tax holiday, putting the Bank of Canada ...
The Consumer Price Index rose 1.9 per cent in January year-over-year, up from 1.8 per cent in December, Statistics Canada ...
The Bank of Canada’s decision on whether to continue cutting interest rates faces new challenges. While inflation slowed to 1.9 percent in January, according to Statistics Canada, economists estimate ...
Introduction The U.S. Bureau of Labor Statistics released the January 2025 Consumer Price Index (CPI) and Producer Price ...
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