logo
logo
  • Home
  • About Tripura
    • Tripura
    • Governon
    • Chief Minister
    • Council of Ministers
  • Tripura
  • National
  • International
  • Lifestyle
  • Spotlight
  • Sports
  • Jobs/Tender
  • Photo Album

Canada's annual inflation rate descends to lowest level since August 2021

By IBNS
Apr 18, 2023..

Ottawa/IBNS: Canada's annual inflation rate fell to 4.3 percent in March, its lowest level since August 2021, Statistics Canada reported Tuesday.


Canada's inflation slowed from 5.2 percent in February, continuing along a downward trend and is expected to descend to three percent by mid-year. 

The continued slowdown of Canada's inflation rate since last summer is due to factors including higher mortgage interest costs offset by lower energy prices, lower pace of rising grocery prices, lower prices for fruits and vegetables.

According to the Bank of Canada's latest forecasts, inflation is expected to return to its two percent target by the end of 2024.

(Reporting by Asha Bajaj)

Leave a Reply
Post comment
Related News
Jamaat-i-Islami’s Balochistan emir announces protest march on July 25 for 'depriving' people of province
Jun 30, 2025..
Canada directs Chinese firm Hikvision to cease operation due to national security concerns
Jun 30, 2025..
Pakistan, China working on proposal to form new bloc that can potentially replace SAARC
Jun 30, 2025..
US: Two firefighters die after unknown gunmen ambush them in Idaho
Jun 30, 2025..
Iranian top cleric issues fatwa against Donald Trump, Benjamin Netanyahu
Jun 30, 2025..
Newsletter

Subscribe For Northeast Herald News And Receive Daily Updates

logo

Northeast Herald starts its journey from Tripura state capital city Agartala to cover the entire Northeast region of India for the latest news, news photos, and the latest photos to promote the great cultural, historical and traditional identity of the region.

  • Twitter Icon
  • About Tripura
  • About Northeast
  • National News
  • Tripura News
  • International
  • Entertainment
  • Spot Light
  • Article Us
  • Health
  • Lifestyle
  • Top News
  • Sports
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookies Policy
  • Code of Ethic
  • Site Map
  • Rss Feeds

Copyright © Northeast Herald. All Rights Reserved