Canada inflation cools slightly in March, but pressures remain – National star-news.press/wp
The general inflation has been relieved to Canadians in March, but the end of the Donald Trump Trade War GST / HST holidays and the US president continues to stress consumers in Canada.
Statistics Canada said the annual rhythm of the inflation on March compared to 2.6% of the previous month.
The numbers defended the expectations of analysts, who expected inflation to be unchanged from February. Experts believe that Canada has achieved a two% inflation rate until December until GST / HST holidays, from 9 December to February 15th.
Statistics Canada said the price was to slow down, largely the Canadians who pays more tourism, airport and gasoline.
Canadian consumers paid 1.6 percent less in the Pump in March compared to last year. Withdrawal of gasoline, the inflation rate would be 2.5 percent.
“The decline is largely concerned with the prices of crude oil to slow down the global petroleum demand and slow growth related to the threat of tariffs,” Canada said statistics.
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Travel-riding prices fell by 4.7 per cent, after rising by 18.8 percent in February, fell by 12 percent each year after reducing 4.4 percent in February. Canadian transport costs rose by 1.2% in March.
Canadians have paid 8.8 percent less for cell services compared to March last year.
March was the first month with GST / HSTR, which appeared on the restaurant invoices. Canadians have paid 3.2 percent more in restaurants in March after less than 1.4% in February. Shelter costs rose by 3.9 percent.
“Prices are based on the moment, but probably changes in carbon prices in April. The price adjustment of the mixed signs that the Canadian bank must be browsing,” said Andrew Settings in the Canadian Chamber of Commerce.
He added, “If the commercial tension continues to scale, we are studying the risk of a stagflagetist environment with a more rising growth and price.”
Dieta said the Canadian Bank is expecting interest rates on Wednesday in the interest rate advertisement.
Tu Nguyen, the Canadian RSM economist, said Canadians can expect price rises in the previous months.
“When the US fare in CANADA’s cars and car parts predicts the exceptions, the Canadian government can take revenge rates, a moderate price increase in the coming months,” he said.
Nguyen said that traveling to the USA of Canadians has reflected the growth of a “buy Canadian” movement.
& Copy 2025 Global News, Corus Entertainment Inc. division.
2025-04-15 12:48:00
