BCREA ECONOMICS NOW
Consumer Price Inflation - April 19, 2013
Canadian consumer prices rose just 1 per cent in the 12 months to March, a slight deceleration from 1.2 per cent in February. The dip in inflation was primarily the result of lower gasoline prices, though inflation was broadly weak across all CPI components. Core inflation, which strips out the most volatile components of the CPI, such as food and energy prices, increased 1.4 per cent in March. Inflation in BC was also muted with consumer prices rising just 0.5 per cent on an annual basis.
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