In February, Canada's annual inflation rate decreased to 2.8%, contrary to economists' expectations of a rise to 3.1%. This decline was influenced by lower cellular services, groceries, and internet access costs. Rent and mortgage interest remained significant factors driving inflation. Gas prices rebounded slightly after a decline in January. New cell phone plans were notably cheaper than the previous year, contributing to lower inflation. The Bank of Canada's preferred measure of core inflation...
Canada's inflation rate slowed to 2.8% in February, beating expectations for 2nd month in a row
	
	

