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Higher gas prices pump up B.C.’s inflation rate slightly in March

B.C.’s 2.7 per cent rate remains below Canada’s rate of 2.9 per cent and Alberta’s of 3.5 per cent
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Rising energy costs in March contributed to an uptick in B.C.’s inflation rate to 2.7 per cent, 0.2 per cent below Canada’s rate of 2.9 per cent. (THE CANADIAN PRESS/Darryl Dyck)

B.C.’s inflation rate as measured by the Consumer Price Index rose in March by 0.1 per cent to 2.7 per cent, according to new figures from Statistics Canada released Tuesday (April 16).

This figure means that provincial inflation rate is below Canada’s rate of 2.9 per cent, up from 2.8 per cent in February, with shelter and fuel prices applying the upward pressure.

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Wolf Depner

About the Author: Wolf Depner

I joined the national team with Black Press Media in 2023 from the Peninsula News Review, where I had reported on Vancouver Island's Saanich Peninsula since 2019.
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