Canada Inflation Slows to 2.8%, Below Expectations

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Canadian inflation unexpectedly eased in February, building a case for the Bank of Canada to pivot to less restrictive policy in the coming months.

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Canada's inflation rate slows to 2.8% in FebruaryStatistics Canada says contributors to the deceleration included an easing of grocery prices, and the cost of cellular services and internet access services.
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Inflation in Canada slows with 2.9% increase in January, keeping June rate-cut expectations on trackSeasonally adjusted, CPI fell 0.1 per cent, the first decline since May 2020.
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Here's a list of February inflation rates for selected Canadian citiesOTTAWA — Canada's annual inflation rate was 2.8 per cent in February, Statistics Canada says.
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February inflation rate slows to 2.8% as price growth unexpectedly easesOTTAWA — Canada’s annual inflation rate unexpectedly fell to 2.8 per cent last month, amid sharp declines in cellular and internet services as well as slower grocery price growth.
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February inflation rate slows to 2.8% as price growth unexpectedly easesStatistics Canada says the annual inflation rate fell to 2.8 per cent last month, despite forecasters who had widely expected an acceleration in price growth.
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