Statistics Canada set to release January inflation figures today

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Economists expect Canada's inflation numbers to change little, if at all, when January data is released next week, even though the underlying price movement will be overshadowed by a full month of exemption from goods and services tax (GST) by the federal government.

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Statistics Canada's most recent report on the Consumer Price Index (CPI), the price changes experienced by Canadian consumers in January, is expected on Tuesday morning.

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Statistics Canada set to release January inflation figures today

OTTAWA — Statistics Canada is expected to release its January consumer price index report this morning. Economists polled by Reuters expect the annual inflation rate for January to tick up to 1.9 per cent, according to LSEG Data & Analytics.

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Economists expect inflation figures in Canada to change little, if any, when the January data are released next week, even though the underlying price trend will be overshadowed by a full month of federal goods and services tax (GST) exemption.