Inflation rate up slightly in April to 6.8 per cent; Statistics Canada
OTTAWA – Statistics Canada says the annual pace of inflation crept up in April as the cost of nearly everything at the grocery store continued to climb higher.
The agency says its consumer price index for April rose 6.8 per cent compared with a year ago, up from a gain of 6.7 per cent in March.
The rate was the highest since January 1991 when the annual rate was 6.9 per cent.
Excluding gasoline, the annual inflation rate for April was 5.8 per cent compared with 5.5 per cent for March.