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Inflation jumps on Iran war shock but few signs yet of spreading price hikes

Statistics Canada said inflation would have been 2.2% without gasoline, while food inflation cooled to 4% and core measures showed further easing.

Summary by Newmarket Today
OTTAWA — Statistics Canada reported a jump in the headline inflation rate for March but economists parsing the latest data argue there are few signs so far that the price shock from the Iran war is spreading beyond the pumps.
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Inflation jumps on Iran war shock but few signs yet of spreading price hikes

OTTAWA — Statistics Canada reported a jump in the headline inflation rate for March but economists parsing the latest data argue there are few signs so far that the price shock from the Iran war is spreading beyond the pumps.

·Thorold, Canada
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Newmarket Today broke the news in Orillia, Canada on Monday, April 20, 2026.
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