OTTAWA — The annual pace of inflation edged higher in February as gains in most spending categories offset lower gasoline prices, Statistics Canada said Friday. Statistics Canada reported the consumer price index in February climbed 1.5 per cent compared with a year ago. Helping push costs higher was a 8.1 per cent increase in mortgage interest costs and a 14.3 per cent rise compared with a year ago in the cost of fresh vegetables. The cost of gasoline was down 11.9 per cent compared with the same month last year as overall energy prices slipped 5.7 per cent. Excluding gasoline, the annual pace of inflation held steady at 2.1 per cent, the same as January.

Source: National Post March 22, 2019 12:33 UTC