Inflation & Prices
‘Relief’: What Economists Are Saying About Canada’s Inflation Surprise
A shopper walks through St. Lawrence Market in Toronto, Ontario.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Canada’s inflation rate decelerated to 2.8% in February, a positive development for central bank policymakers who’ve been waiting for more proof that their campaign of higher interest rates is working.
It’s the first time the country has had two straight months of sub-3% inflation since early 2021. Here’s what economists and strategists had to say: