Inflation rate unchanged in Saskatchewan for February

OTTAWA – The inflation rate in Saskatchewan remained unchanged in February.

Statistics Canada reported on Friday the yearly inflation rate was 2.3 per cent, the same level as in January.

Saskatchewan was the only province that did not see a deceleration in consumer prices for the month and had the third highest inflation rate next to Prince Edward Island and Alberta.

One reason the rate did not change was due to an increase in gas prices. StatsCan said only Saskatchewan and P.E.I had a gas price increase on a year-over-year basis, but at a slower rate than in January.

In Saskatoon, the rate increased one-tenth of a point to 2.2 per cent while it dropped by one-tenth of a point in Regina to 2.3 per cent.

Nationally, the yearly inflation rate was 1.1 per cent in February, dipping four-tenths of a point from January.

HangZhou Night Net

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