April inflation well under forecast, BoC range

Blog by Brad Herman | May 17th, 2013

Cheaper gasoline and cars helped Canada's annual inflation rate fall dramatically in April to 0.4 percent from 1.0 percent in March -- its lowest rate since 0.1 percent in October 2009, below expectations and well outside the Bank of Canada's target range of 1 to 3 percent.

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April inflation well under forecast, BoC range

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