Canada’s Consumer Price Index (CPI) rose 2.3 percent year over year in March, following an increase of 2.6 percent in February, Statistic Canada said Tuesday.
The year-over-year slowdown in the all-items CPI was driven by lower prices for travel tours and gasoline in March, said the national statistical agency.
According to the agency, year over year, prices for travel tours declined 4.7 percent in March after an 18.8 percent increase in February. On a month-over-month basis, prices for travel tours fell 8 percent in March.
Air transportation prices fell 12 percent year over year in March following a 4.4 percent decline in February. This was coinciding with decreased Canadian air travel to the United States, said the agency.
On a monthly basis, the CPI rose 0.3 percent in March, said Statistic Canada. ■
A man fuels a vehicle at a gas station in Vancouver, British Columbia, Canada, on April 15, 2025. Canada’s Consumer Price Index (CPI) rose 2.3 percent year over year in March, following an increase of 2.6 percent in February, Statistic Canada said Tuesday. The year-over-year slowdown in the all-items CPI was driven by lower prices for travel tours and gasoline in March, said the national statistical agency. (Photo by Liang Sen/Xinhua)
Passengers check in for flights to the United States at Vancouver International Airport in Richmond, British Columbia, Canada, on April 15, 2025. Canada’s Consumer Price Index (CPI) rose 2.3 percent year over year in March, following an increase of 2.6 percent in February, Statistic Canada said Tuesday. The year-over-year slowdown in the all-items CPI was driven by lower prices for travel tours and gasoline in March, said the national statistical agency. (Photo by Liang Sen/Xinhua)
An airplane takes off from Vancouver International Airport in Richmond, British Columbia, Canada, on April 15, 2025. Canada’s Consumer Price Index (CPI) rose 2.3 percent year over year in March, following an increase of 2.6 percent in February, Statistic Canada said Tuesday. The year-over-year slowdown in the all-items CPI was driven by lower prices for travel tours and gasoline in March, said the national statistical agency. (Photo by Liang Sen/Xinhua)
A man fuels a vehicle at a gas station in Vancouver, British Columbia, Canada, on April 15, 2025. Canada’s Consumer Price Index (CPI) rose 2.3 percent year over year in March, following an increase of 2.6 percent in February, Statistic Canada said Tuesday. The year-over-year slowdown in the all-items CPI was driven by lower prices for travel tours and gasoline in March, said the national statistical agency. (Photo by Liang Sen/Xinhua)
Customers shop for groceries at a market in Toronto, Canada, on April 15, 2025. Canada’s Consumer Price Index (CPI) rose 2.3 percent year over year in March, following an increase of 2.6 percent in February, Statistic Canada said Tuesday. (Photo by Zou Zheng/Xinhua)
Customers shop at a market in Toronto, Canada, on April 15, 2025. Canada’s Consumer Price Index (CPI) rose 2.3 percent year over year in March, following an increase of 2.6 percent in February, Statistic Canada said Tuesday. (Photo by Zou Zheng/Xinhua)
