The end of the consumer carbon price at the start of April drove inflation down sharply, Statistics Canada said Tuesday, but there were signs of pressure building at the grocery store.

The annual inflation rate was 1.7 per cent in April, a sharp slowing from March due to the end of consumer carbon pricing, says Statistics Canada.{ai:summary}The removal of the consumer carbon price in April significantly reduced inflation, according to Statistics Canada. However, grocery prices are showing signs of increasing pressure. #economy

April inflation plummets to 1.7 per cent with the end of consumer carbon tax

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