Thursday, April 23, 2026
Inflation jumps to 2.4% in March driven by Iran war oil shock, StatCan says- oil and gas 360

Inflation jumps to 2.4% in March driven by Iran war oil shock, StatCan says

(BOE Report) – The annual rate of inflation accelerated to 2.4 per cent in March as the war in Iran sent fuel costs soaring, Statistics Canada said Monday. That’s a jump of more than half a percentage point from the headline inflation rate of 1.8 per cent in February, though economists had widely expected the March figures to come in