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Published 1 month ago

Canada's annual inflation rate rises to 2.9% in March

  • The annual inflation rate rose to 2.9% in March due to increased gasoline prices, according to Statistics Canada.
  • Shelter prices increased by 6.5%, while mortgage interest costs rose by 25.4% in March.
  • Excluding gasoline, the annual inflation rate for March was 2.8%, down from February's 2.9%.
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