Annual inflation rate increases to 1.9 per cent in March

Statistics Canada says the consumer price index in March was up 1.9 per cent compared with a year ago.Last Updated Wednesday, April 17, 2019 9:02AM EDT

The firmer inflation picture brings both gauges closer to the central bank's ideal two per cent target, and comes as the economy works through a soft patch brought on by the drop in crude-oil prices at the end of last year. Higher pump prices were a major driver of inflation last year before lower gas prices weighed on the measure in recent months.

The economy abruptly decelerated in the final three months of 2018. Bank of Canada governor Stephen Poloz has predicted the weakness to be temporary and for the economy to strengthen in the second half of 2019.

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!!!!!

Wait until the carbon tax...may, June..

You mean central banking wealth theft rate increases to 1.9% in March. Enough with the socialist doublespeak.

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