Source: Andy Blatchford, The Canadian Press, February 27, 2019
OTTAWA — The country’s annual inflation rate decelerated last month to 1.4 per cent in January in large part because of lower prices at the pump, Statistics Canada said Wednesday said in a new report.
Year-over-year growth in consumer prices slowed following the two per cent reading for December, the agency said in its latest consumer price index report.
Economists on average had expected an increase of 1.5 per cent for January, according to Thomson Reuters Eikon.
Image Source: THE CANADIAN PRESS / Jonathan Hayward
