Canadian inflation down from 2.6% to 2.3% in March - Breaking The News
Download our appPlay StoreApp Store

Canadian inflation down from 2.6% to 2.3% in March

UNSPLASH/SANDRO SCHUH

Canada's consumer price index (CPI) rose by 2.3% in March on a yearly basis, Statistics Canada said in a report on Tuesday. The figure was down from the 2.6% annual inflation measured in February and came in lower than expected.

The fall was mainly attributed to lower prices for travel tours and gasoline, which dropped by 4.7% and 1.6% year-on-year respectively. On a monthly basis, the CPI added 0.3% in March.

Related News
OpenAI and Softbank allegedly eye UK for AI project
OpenAI and SoftBank are considering a future investment in the United Kingdom as part of their $500 billion Stargate project, aimed at building data centers to support artificial intelligence, the Financial Times reported, citing sources familiar with the matter. While Stargate's initial phase will focus on US infrastructure, with construction underway in Texas and plans across 16 states, sources said international expansion is under review if the venture proves...
Powell calls AI a key driver of global economic change
Federal Reserve Chair Jerome Powell said in Chicago on Wednesday that artificial intelligence could significantly reshape the global economy over the next two decades. He noted that while AI's full impact remains uncertain, it is "one of the two or three things most likely to bring dramatic change to the economy all around the world in the next 20 years."Powell acknowledged long-standing fears about technology replacing jobs, but said past innovations have...
US allegedly aims to crack down on DeepSeek, Nvidia
The United States administration started to move towards cracking down on the Chinese artificial intelligence company DeepSeek and its US chips supplier, Nvidia Corporation, The New York Times reported on Wednesday, citing three sources familiar with the matter. Washington is considering penalties that would impede DeepSeek from acquiring US technology and is discussing banning Americans from accessing its services, according to the report. On the...
OpenAI releases o3 and o-4 tools to API, ChatGPT
OpenAI Inc. announced on Wednesday the launch of its upgraded reflective generative pre-trained transformers (GPT) o3 and o4-mini to the Application Programming Interface (API) and ChatGPT after a slight delay."For the first time, our reasoning models can agentically use and combine every tool within ChatGPT ... Critically, these models are trained to reason about when and how to use tools to produce detailed and thoughtful answers in the right output...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.