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Essentials Daily Insights

Canada’s Inflation Hits Fresh 31-Year High In March

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Canada’s CPI inflation rate surged from 5.7% y/y to a fresh 31-year high of 6.7% y/y in March, beating expectations of a milder increase to 6.1% y/y. The underlying measures of inflation are more subdued, but still accelerated from February. The CPI-trim, CPI…

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