Canadian Press NewsAlert: Annual pace of inflation edges up in February
OTTAWA — Statistics Canada says the annual pace of inflation ticked slightly higher in February.
The agency says the consumer price index in February was up 1.1 per cent compared with a year earlier.
The result compared with a year-over-year increase of 1.0 per cent in January.
Financial data firm Refinitiv had said the average economist estimate is for a year-over-year increase of 1.3 per cent.
The Canadian Press