Canada's consumer price index fell to 2.7% in April from 2.9% in March, driven by slower food price growth, according to Statistics Canada. Food prices still increased but at a reduced rate of 1.4% in April compared to 1.9% in March. The cost of meat was the primary factor in this decline, along with non-alcoholic beverages, bakery and cereal products, fruits and nuts, and seafood.
In April, Canada unexpectedly added 90,000 jobs, though unemployment remained steady at 6.1%. The Bank of Canada maintained...
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