The rise in the annual headline and core inflation rates in February appear to be largely due to higher gasoline inflation and base year effects, things which the Bank of Canada will look through at its policy rate meeting next month. Nevertheless, with an economy operating near full potential, it will likely still signal that further interest rate increases might be needed.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services