Ottawa’s annual inflation rate jumped to 2.5 per cent in December, one of the highest rates of any major Canadian city, Statistics Canada said Friday
Ottawa’s annual pace of inflation again surpassed the rest of the country in November, according to a Statistics Canada report released Wednesday
The rate of inflation rose at a faster pace in the capital than across Canada in October according to data released Friday from Statistics Canada
Consumer prices up across Canada due in part to higher energy prices, especially gasoline.
Locally in Ottawa, the annualized inflation rate rose to 2.5 per cent in March, up from 2.2 per cent in February.
Nationally, inflation picked up its pace last month for the first time since January as the annualized rate accelerated to 1.2 per cent.
The annual pace of inflation slowed once again last month as lower gasoline and electricity prices helped offset higher costs in most other categories, Statistics Canada said Friday.
The country's annual inflation rate once again rang in at 1.6 per cent last month as higher energy costs offset a seventh consecutive decline in grocery store prices, Statistics Canada said Friday.
Ottawa inflation rate falls
The annual pace of inflation in Canada ticked lower in February as higher prices for gasoline were offset in part by declining costs for fresh fruit and vegetables.