Canada’s inflation rate went up to 2.6% last month

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The annual rate of inflation ticked up last month as a temporary “tax holiday” ended, Statistics Canada reported on Tuesday.

Consumer prices in Canada went up year-over-year by 2.6 per cent in February, up from 1.9 per cent the month before.

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StatCan said the end of the GST/HST break on Feb. 15 contributed “notable upward pressure to prices for eligible products.”

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