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Canada Inflation Slowest Since Sep. on Carbon Tax End

Reuters on MSN · 1d

Canada annual inflation rate falls, but rise in core measures is tricky for central bank

Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely watched core measures would make life hard for the Bank of Canada as it ponders its next rate move.

Financial Post on MSN · 1d

Canada's inflation rate cools to 1.7% as consumer carbon tax ends

Canada’s inflation rate cooled to 1.7 per cent in April, helped by the removal of the consumer carbon tax and low oil prices, Statistics Canada said on Tuesday. Canada’s annual inflation rate had been 2.3 per cent in March. Excluding energy, April’s inflation rate would have been 2.9 per cent.

Canadian inflation fell to 1.7% in April after removal of consumer carbon tax, Statistics Canada says

Prior to Tuesday’s Statistics Canada release, economists largely expected overall inflation to have fallen to 1.6 per cent from 2.3 per cent in March.

The Canadian Press on MSN1d

Canada’s inflation rate slows sharply to 1.7% in April as consumer carbon price ends

Statistics Canada said gas prices fell 18.1 per cent year-over-year in April, thanks mostly to the end of the carbon price, ...

1d

Inflation cooled to 1.7% in April: StatCan

Canada’s annual rate of inflation slowed to 1.7 per cent in April, Statistics Canada reported on Tuesday, down from 2.3 per ...

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