15.1 C
New York
May 18, 2024
Worship Media
Business

Statistics Canada says annual inflation rate climbs to 1.0 per cent

OTTAWA — Statistics Canada says the consumer price index rose 1.0 per cent compared with a year ago as the annual pace of inflation picked up.

The reading compared with a year-over-year increase of 0.7 per cent in December.

Economists on average had expected a year-over-year increase of 0.9 per cent for January, according to financial data firm Refinitiv.

More to come…

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/statistics-canada-says-annual-inflation-rate-climbs-to-1-0-per-cent-1.5312268

Related posts

Wall Street flip flops, global markets pause after big gains

CTV News

UPS ends ban on beards and natural Black hairstyles

CTV News

U.K., New Zealand approve trade deal; hope it opens more doors

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy