Inflation edges up to 1.9 per cent on vegetable prices, mortgage costs

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Inflation edges up to 1.9 per cent, still below Bank of Canada’s target rate GlobeBusiness

Canada’s annual inflation was up last month as price pressures strengthened for fresh vegetables, mortgage interest costs and auto insurance.

Compared with a year earlier, Statistics Canada said consumers paid 15.7 per cent more in March for fresh vegetables, 8.1 per cent more on mortgage borrowing costs and 5.6 per cent more for car insurance. In March, however, the downward pressure from cheaper gas eased off as global oil prices climbed, Statistics Canada said.

 

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Annual inflation rate increases to 1.9 per cent in MarchCanada's annual inflation rose last month as price pressures strengthened for fresh vegetables, mortgage interest costs and auto insurance. You mean central banking wealth theft rate increases to 1.9% in March. Enough with the socialist doublespeak. Wait until the carbon tax...may, June.. Thanks to Trudeau’s Carbon tax raising the price of gas and food transportation costs - we have the WORST of both worlds high inflation and a recession coming thanks to that idiot in Ottawa!!!!! Way to go Crime Minister!!!!!
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Average house price fell 1.8 per cent to $481,745, CREA saysThe Canadian Real Estate Association says home sales in March fell compared with a year ago while the average sale price also moved lower. House prices are insane where I am. If you want a move in ready you're looking at minimum $350,000 By this time next year they will be at rock bottom prices, better to hold off the purchases. Just wait until Boomers, who have their savings tied into their homes, start selling.
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