Canada’s inflation rate slows to 4.3% in March, slowest pace since 2021

OTTAWA  –Canada’s annual inflation rate eased in March to 4.3 percent, its slowest pace in 19 months but still more than double the Bank of Canada’s 2 percent target, data showed on Tuesday. The headline inflation figure fell from 5.2 percent in February, matching expectations, as a decline in energy prices helped offset a record spike in mortgage costs, Statistics Canada data showed on Tuesday. “Inflation hasn’t been running this slow since 2021, … Continue reading Canada’s inflation rate slows to 4.3% in March, slowest pace since 2021