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Canadian annual inflation rose to 1.9% in January

Canada's annual inflation rate rose to 1.9% in January, as reported by Statistics Canada.
Gas prices increased by 8.6%, particularly in Manitoba due to a reintroduced gas tax, according to Statistics Canada.
Stephen Brown noted that underlying inflation pressures are building despite the GST holiday keeping headline inflation below 2%.
Royce Mendes stated he believes the central bank will keep rates steady in March, dependent on tariff news and data releases.

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Toronto Sun

+2 Reposted by 2 other sources

Inflation ticks back up to 1.9% in January after rise in gas prices

Canada's annual inflation rate ticked back up in January to 1.9%, Statistics Canada reported on Tuesday

4 days ago·Toronto, Canada

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Financial Post

Markets trim bets on Bank of Canada interest rate cut after inflation ticks back up

Canada's inflation rate climbed to 1.9% in January as Canadians faced increased energy costs, Statistics Canada said Tuesday.

4 days ago·Canada

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cknewstoday.ca

+3 Reposted by 3 other sources

Inflation once again stayed below two per cent in January

Higher gas and natural gas prices pushed inflation up in January, but not by much.

4 days ago·Kemptville, Canada

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The Globe & Mail

Higher energy prices offset GST break as Canada’s annual inflation rate rises to 1.9%

Annual CPI ticks higher in January, matching analysts’ expectations, but remains below the Bank of Canada’s target

4 days ago·Canada

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ominecaexpress.com

+7 Reposted by 7 other sources

Gas price spike fuels slight January inflation increase in Canada

Rate ticks back up to 1.9% in January, still under Bank of Canada’s 2% target

4 days ago

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The Epoch Times

Canada’s Annual Inflation Rate Increases to 1.9% in January

OTTAWA—Canada’s annual inflation rate inched up to 1.9 percent in January from the previous month as higher gasoline and natural gas costs reduced the impact of a sales tax reprieve on broader consumer prices, official data showed on Tuesday. The core measures of the consumer price index, which have not declined as fast as the inflation rate in the past few months, edged up too. January’s CPI reading racked up a six-month record of inflation com…

4 days ago·New York, United States

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