Headline CPI inflation edged lower in April to 2.7% year-on-year (y/y), matching expectations. The broad-based deceleration was led by food prices, services and durable goods. However, higher prices at the pump in April worked against the cooling in inflation. Gasoline prices were up 6.1% versus a year ago, up from 4.5% in March. But it […]
The post Canada: Inflation Cools Further in April appeared first on Action Forex.
Comments are closed.