Inflation beats expectations for March

Inflation beats expectations for March

Inflation beats expectations for March March’s inflation figures have exceeded expectations of analysts and even the Bank of Canada. Prices rose at their fastest pace for 6 years with StatsCan reporting the consumer price index gained 1.2 per cent, up from 1 per cent in February. Meanwhile the core inflation figure, removing items such as food and energy, rose by 2.4 per cent, beating the 2.1 per cent of February.