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Newsroom Ready: Inflation cools in April but signs of pressure building at grocery stores
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Placeline/People
State Province Ontario
Country Canada

Inflation cools in April but signs of pressure building at grocery stores

Statistics Canada says the end of the consumer carbon price at the start of April drove inflation down sharply for the month, but grocery prices rose. The agency says food bought from stores climbed to 3.8 per cent last month from 3.2 per cent in March. Overall, the annual pace of inflation cooled to 1.7 per cent, down from 2.3 per cent in March, but a little higher than the 1.6 per cent expected by a poll of economists. (May 20, 2025) 
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Source name: 
The Canadian Press
Unique identifier: CP174567196 
Legacy Identifier: b_StatCan-Inflation20250520T1400 
Type: Video 
Duration: 1m9s 
Dimensions: 1920px × 1080px     62.54 MB 
Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
Create Date: 5/20/2025 2:00:00 PM 
Display aspect ratio: 16:9 
Tags
Bank of Canada
business
business and finance
carbon price
central bank
COST OF LIVING
economy
Gas
groceries
inflation
statistics canada