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The Consumer Price Index (CPI) rose 4.4% year over year in April 2023, following a 4.3% increase in March. This was the first acceleration in headline consumer inflation since June 2022. On a year-over-year basis, higher rent prices and mortgage interest costs contributed the most to the all-items CPI increase in April 2023. To learn more: https://www150.statcan.gc.ca/n1/daily-quotidien/230516/dq230516a-eng.htm. | Statistics Canada | Facebook
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