Inflation rate drops to 5.2% in February, but grocery prices are still on the rise
Canada’s inflation rate fell to 5.2% in February, the sharpest deceleration since April 2020, according to Statistics Canada. The agency said its consumer price index saw a year-on-year deceleration from February 2022, when the inflation rate was 5.7%. The reading compared with an annual inflation rate of 5.9% in January and was the lowest reading …