19-February-2026
Economy News
 
Canadian Annual Inflation Rate Edges Down in January as Gasoline Costs Drop
18-Feb-2026

Canada's annual inflation rate in January accelerated at a slower pace than the previous month as a big drop in gasoline prices helped cushion the impact of higher food and clothing prices, Statistics Canada said on Tuesday. The consumer price index rose 2.3% in January compared with 2.4% in December, beating an analysts' poll which pegged January's expected rise in consumer prices at 2.4%. On a monthly basis, the CPI was unchanged from the prior month, data showed.

News Source:- https://money.usnews.com/investing/news/articles/2026-02-17/canadian-annual-inflation-rate-edges-down-in-january-as-gasoline-costs-drop