Alberta rate of inflation lowest in Canada


 

Alberta rate of inflation lowest in Canada

CALGARY — The rate of inflation in Alberta in February was the lowest in Canada as the country experienced its biggest monthly increase since January 1991.

Statistics Canada reported Wednesday that the Consumer Price Index in the province rose by 0.9 per cent from January. It was also up by only 0.9 per cent from a year ago.

The monthly jump was the lowest in the country while the year-over-year inflation rate tied Alberta with British Columbia for the lowest in Canada.

The rate of inflation in the province was up after consumer prices fell by 0.5 per cent in January.

For the Calgary census metropolitan, prices rose by 1.0 per cent in February after they dropped by 0.3 per cent in January.

 

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Alberta rate of inflation lowest in Canada.

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