FX.co ★ Canada Annual Core Inflation Rate Drops to 2.2%

In March 2025, Canada's annual core inflation rate, which excludes the eight most volatile components such as food, energy, and mortgage interest costs, decreased to 2.2% from a previous high of 2.7% in February. This decline marks the first deceleration in core inflation following three months of consecutive increases. On a monthly scale, core consumer prices saw a modest rise of 0.1% in March, down from a 0.7% increase observed in the preceding month.