Business·Breaking Canada’s annual inflation rate slowed to 2.9 per cent in January, according to data from Statistics Canada. December inflation had edged up to 3.4 per cent Jenna Benchetrit · CBC News · Posted: Feb 20, 2024 8:38 AM EST | Last Updated: 22 minutes ago Canada’s annual inflation rate fell to 2.9 per cent in January, according to data from Statistics Canada. (Bryan Eneas/CBC) Canada’s annual inflation rate slowed to 2.9 per cent in January, mostly due to a deceleration in the price of gas, according to data from Statistics Canada. The core inflation rate, which strips away volatile sectors including gasoline, was at 3.2 per cent. More to come.
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