Canada’s March Inflation Climbs to 2.4%, Missing 2.6% Forecast
Canada’s annual inflation rate rose to 2.4% in March, up from 1.8% in the previous month, but came in below economists’ 2.6% forecast.
The increase was driven by a record rise in gasoline prices linked to the Iran war.
From the sources (10 posts)
@businessCanada’s inflation rate surged to 2.4% in March as the Iran war triggered a record increase in gasoline prices, though it came in slightly lower than economists expected.
@financialjuiceCanadian CPI Common Actual 2.6% (Forecast -, Previous 2.4%)
@wallstengineCANADA 🇨🇦 INFLATION 2.4% Y/Y IN MARCH, EST. 2.6%
@financialjuiceBoC Core CPI YoY Actual 2.5% (Forecast -, Previous 2.3%)
@financialjuice⚠Canadian CPI YoY Actual 2.4% (Forecast 2.6%, Previous 1.8%)
@firstsquawkCANADA CPI (YOY) (MAR) ACTUAL: 2.4% VS 1.8% PREVIOUS; EST 2.6%
@financialjuiceCanadian CPI MoM Actual 0.9% (Forecast 1.1%, Previous 0.5%)
@zerohedgeCANADA INFLATION 2.4% Y/Y IN MARCH, EST. 2.6%
@financialjuiceCanadian CPI Median Actual 2.3% (Forecast 2.3%, Previous 2.3%)
@financialjuiceCanadian CPI Trim Actual 2.2% (Forecast 2.3%, Previous 2.3%)