Canada's CPI rises 5.2 pct in February

OTTAWA, March 21 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 5.2 percent year over year in February, following a 5.9 percent increase in January, the largest deceleration in the headline CPI since April 2020, Statistics Canada said on Tuesday.

The deceleration in February was due to a base-year effect, for the second consecutive month, which is attributable to a steep monthly increase in prices in February 2022, the national statistical agency said.