Canada's annual inflation rate in February unexpectedly cooled to 2.8%, marking the slowest pace since June. This decrease was influenced by a deceleration in the cost of cellular services, groceries, and internet access services. The easing of core inflation measures to more-than two-year lows has made a Bank of Canada rate cut more likely. The previous month's inflation rate was 2.8%, down from 2.9% in January, according to Statistics Canada.
Canada's annual inflation rate in February unexpectedly cooled to 2.8% the slowest pace since June and core inflation measures eased to more-than two-year lows Bank of Canada rate cut more likely https://t.co/ohpVnD7G0m
Canadian inflation rate unexpectedly eases to 2.8% in February https://t.co/u6JzGLiUio https://t.co/HumYADMkK4
Canada's inflation rate was 2.8% in February on a year-over-year basis, down from 2.9% in January. https://t.co/yTFnhAhVMJ
Canada's annual inflation rate slowed to 2.8 per cent in February, helped by a deceleration in the cost of cellular services, groceries and internet access services, says Statistics Canada. https://t.co/spEbPdEelm .
Breaking: Canada's inflation unexpectedly eases to 2.8% in February, Statistics Canada says https://t.co/4yLeguloGa
⚠️ CANADA'S INFLATION RATE UNEXPECTEDLY EASES TO 2.8% IN FEBRUARY Full Story → https://t.co/p300wFm9Yu Canada's annual inflation rate in February unexpectedly cooled to 2.8%, the slowest pace since June, and core inflation measures eased to more-than two-year lows, data… https://t.co/JWsV8lIkmp