INFLATION HITS HIGHS NOT SEEN IN DECADES

Mar 16, 2022

By Gavin Day

Share on

As expected, Canada’s inflation rate in February soared to highs not seen in decades.

A

Statistics Canada says the consumer price index jumped 5.7 percent year over year in February.

Economists had forecast yet another jump as consumers saw major price jumps in at the pumps and in grocery stores.

It’s the biggest jump since a 6% jump in August of 1991.

Inflation’s year-over-year gain in January was at 5.1%.

Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: