Annual inflation hit 6.7% in March, a 31-year high, Statistics Canada says

The annual rate of inflation hit 6.7 per cent in March, up a full percentage point from its reading in February, Statistics Canada said Wednesday.

Statistics Canada says the annual rate of inflation hit 6.7 per cent in March, the fastest year-over-year increase in the consumer price index since January 1991.

The increase compared with gain of 5.7 per cent in February.

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