Canada’s annual inflation rate rose to 2.4% in March


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The increase comes after the inflation rate fell in February to 1.8 per cent.

Increase comes after inflation fell to 1.8% in February

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Breaking news.
(CBC)

Canada’s annual inflation rate rose to 2.4 per cent in March, Statistics Canada said on Monday.

Economists widely expected higher gas prices from the war in Iran to drive inflation up. A Reuters poll showed economists expected the annual rate of inflation to accelerate to 2.5 per cent in March from 1.8 per cent in February, according to LSEG Data & Analytics.

More to come

With files from the Canadian Press

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