Friday, May 21, 2010

Inflation Rate Rises in April

(CBC News)

Canada's annual rate of inflation rose to 1.8% in April, up from 1.4% in March, Statistics Canada said Friday.

For a sixth consecutive month, gasoline prices put the strongest upward pressure on the consumer price index. In April, prices at the gas pumps were 16.3% higher than they were in April 2009. That follows a 17.2% rise in the 12 months to March, Statistics Canada said.

Summary statistics and links to the data files are on the Statistics Canada website here.