Overall inflation slowed to 2.9 per cent in January, which was within the Bank of Canada’s target rate. Much of that was due to gas prices not climbing as quickly as they were the previous year. In Business Matters for Tuesday Feb. 20, Anne Gaviola has more on why food inflation and grocery prices are also moderating.
Bank of Canada
Business Matters: Canada’s inflation slows to 2.9%, mostly due to gas prices
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