![Inflation ticks higher in April, testing Bank of Canada rate pause](https://cdn.newsserve.net/ONPglobe256.png)
Inflation ticks higher in April, testing Bank of Canada rate pause
Canada’s annual inflation rate ticked up in April as a variety of costs – including gasoline, rents and mortgage interest – contributed to the first acceleration since last summer. The Consumer Price Index (CPI) rose 4.4 per cent in April from a year earlier, following a 4.3-per-cent increase in…
#statisticscanada #bankofcanada #monetarypolicyreport #averyshenfeld #cibccapitalmarkets #gasoline #statscan #tiffmacklem