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Headline CPI inflation increased in February to 2.6% year-on-year (y/y), above expectations and up from 1.9% in January. The GST/HST holiday that ended Feb. 15th, played a key role in higher inflation. Not surprisingly given the sales tax holiday, restaurant prices contributed the most to the acceleration in headline CPI in February. Prices for food […]

The post Canadian Inflation Moves Higher in February as Sales Tax Holiday Ends appeared first on Action Forex.

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