👉Canada's inflation rate rose to a new multi-decade high of 5.7 per cent last month, as the price of everything from gasoline to groceries to shelter rose swiftly. Statistics Canada reported Wednesday that the inflation rate was the highest it's been since August of 1991. It's up from January's level of 5.1 per cent, and even higher than the 5.5. per cent that economists were expecting. Energy prices were a major factor in the increase, as the ongoing crisis in Ukraine started ratcheting up prices during the month and into the next. Retail gasoline prices jumped by 6.9 per cent in the month of February alone and were up by almost a third compared to the same period last year.✅ . . #inflationrate #malayalisnearme #canadainflationrate #canada #dailynews #dailynewscanada #livingexpenseincanada