While the overall Canadian inflation rate declined to 1.8 per cent in February from 2.3 per cent in January, food inflalion continued at more than double that rate.
In February, the grocery store inflation rate was 4.1 per cent, down from 4.8 per cent in January. But restaurant meal prices rose by 7.8 per cent in February.
The war on Iran and resulting oil shipment disruptions are almost certain to be reflected in higher inflation in March.
