News summary
Canada's CPI rose 2.5 percent year-on-year in Aprilactivisionblizzardcrypto.7%activisionblizzardcrypto, growth slowed, and prices of food, services and durable goods fell, but gasoline price increases slowedactivisionblizzardcryptoThe decline in CPI was reduced, and the growth in CPI excluding gasoline slowed to 2.5 percentactivisionblizzardcrypto.5%。
Newsletter text
The latest data from Statistics Canada showed that the consumer price index (CPI) rose 2.7% year-on-year in April, down from 2.9% in March. [The slowdown in the price increase of food, services and durable goods] has become the main factor in the overall slowdown in CPI. Still, the rise in gasoline prices in April slowed the downward trend in CPI. Excluding gasoline prices, CPI growth fell to 2.5% year-on-year, down from 2.8% in March. In addition, CPI increased by 0.5% month-on-month in April, mainly due to the rise in gasoline prices. On a seasonally adjusted basis, CPI increased by 0.2% month-on-month in April.
