Canadian CPI growth ticked up to 2.9% year-over-year in March from 2.8% in the prior month, thanks to higher energy prices. Despite the rise, details in the report continue to point to price pressures broadly unwinding. Trends in food and energy inflation continue to diverge. Food CPI growth slowed further to 3% with grocery inflation […]
The post Higher Energy Prices Masked Another Downside Canadian Inflation Surprise in March appeared first on Action Forex.
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