February Cpi 2024. Higher prices at the gas pump pushed up inflation more than expected in february, according to the latest consumer price. This is the lowest level since june 2021 (+2.4%).
The comparable figure in february 2024 was 1.6. Off the back of hotter than expected inflation figures in january, with price pressures in the services sector remaining particularly stubborn, consensus sees.
A 2.3% Increase In Energy.
Bank of canada’s preferred core inflation metrics also slowed.
Excluding Volatile Items Such As Fresh Produce And Fuel, Inflation Fell From 4.1% In January To 3.9%.
Off the back of hotter than expected inflation figures in january, with price pressures in the services sector remaining particularly stubborn, consensus sees.
Cpi Inflation Is Projected To Fall Temporarily To The 2% Target In 2024 Q2 Before Increasing Again In Q3 And Q4.
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Rose 2.3 Percent Over The Month, As All Of Its Component Indexes Increased.
This is the lowest level since june 2021 (+2.4%).
Shoppers Walk Through Produce Aisles At A.
Economists had predicted february’s cpi would come in at 3.5%.