05/20/2026
The Consumer Price Index (CPI) increased 2.8% y/y in April, up from 2.4% in March.
Higher energy prices, particularly gasoline, drove the acceleration. In April, energy prices rose 19.2%, following a 3.9% gain in March. Gasoline prices continued to rise year over year in April, increasing sharply by 28.6% after a 5.9% gain a month earlier.
https://dominionlending.ca/economic-insights/canadian-cpi-inflation-rises-to-2-8-as-core-inflation-measures-decline
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