Canada: Core inflation easing but supply risks persist – RBC
Royal Bank of Canada (RBC) Senior Economist Claire Fan notes that Canadian headline inflation slowed to 1.8% in February, but base effects from last year’s GST/HST holiday and the removal of the consumer carbon tax distort comparisons. Core trim and median CPI eased to 2.3% year-over-year and just 1% on a three‑month annualized basis, while supply‑side pressures and higher Oil prices pose ongoing risks.
Core CPI cools as supply shocks linger
"Headline inflation slowed to 1.8% in February, though comparisons remain distorted by last year's GST/HST holiday (which extended through mid-February) biasing food prices higher, and the removal of the consumer carbon tax in April 2025, which depressed energy CPI.$BTC
BTCUSDT
Διην.
75,340.3
+4.05%