15
Feb
Ottawa (Rajeev Sharma): Canada’s annual inflation rate may edge higher in January, driven largely by a sharp increase in food prices following the expiration of a temporary federal sales tax break, economists say ahead of the latest data release. Statistics Canada is set to publish the January consumer price index (CPI) report on Tuesday, a day later than usual due to a regional holiday affecting multiple provinces. A survey indicates economists expect inflation to remain steady at 2.4 per cent year-over-year. However, some analysts believe the headline figure could rise slightly. RBC assistant chief economist Nathan Janzen projects inflation to…
