OTTAWA — Statistics Canada says the consumer price index in February rose 2.2 per cent compared with a year ago.
The increase comes after a year-over-year increase of 2.4 per cent in January.
Economists had expected a reading of 2.1 per cent for February, according to a poll by financial markets data firm Refinitiv.
Canada’s national annual inflation rate was 2.2 per cent in February and here’s what happened in the provinces (previous month in brackets):
- Newfoundland and Labrador: 1.7 per cent (2.2)
- Prince Edward Island: 2.2 (3.0)
- Nova Scotia: 2.5 (2.6)
- New Brunswick: 2.2 (2.5)
- Quebec: 2.3 (2.7)
- Ontario: 2.0 (2.1)
- Manitoba: 2.3 (2.5)
- Saskatchewan: 1.9 (2.3)
- Alberta: 2.5 (3.0)
- British Columbia: 2.4 (2.3)
