👉Canada's annual inflation rate slowed down in January, providing good news for the Bank of Canada (BOC) in their efforts to stabilize the economy. The decrease in inflation, attributed to lower gasoline prices, is expected to alleviate pressure on the central bank to increase interest rates. This development is a positive sign for the country's economic recovery efforts, particularly as the BOC works to manage the impacts of the ongoing COVID-19 pandemic.✅ . . #canadainflation #inflationcanada #bankofcanada #BOC #inflation #livingexpensecanada #canadainflation #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The annual inflation rate in Canada fell to 6.3% in December, while the cost of food remained high and petrol prices fell. Statistics Canada reported in its latest consumer price index, issued Tuesday, that grocery costs continued to rise in Canada last month compared to a year earlier.✅ . . #annualinflationrate #canadainflationrate #canadainflation #inflationratecanada #canadafoodprice #inflation #inflationcanada #mnm #malayalisnearmeapp #canadaupdate #canadanews