Statistics Canada Says the Annual Pace of Inflation Rose to 4.4 Percent in April

Statistics Canada Says the Annual Pace of Inflation Rose to 4.4 Percent in April
A Statistics Canada sign is pictured in Ottawa on July 3, 2019. The Canadian Press/Sean Kilpatrick
The Canadian Press
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Statistics Canada said Tuesday the annual pace of inflation rose in April for the first time since it peaked in June last year.

The agency said its consumer price index was up 4.4 percent compared with a year ago, up from a year-over-year increase of 4.3 percent in March.