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Grocery prices surged 10.6% in February even as inflation cooled overall: StatCan

The annual rate of inflation cooled to 5.2 per cent in February, Statistics Canada says, though Canadians continued to feel the pain of surging costs at grocery stores.

The overall annual inflation rate was 5.9 per cent in January; StatCan said February’s CPI drop marks the largest deceleration in headline CPI since April 2020.

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