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-0.000256344527044479 0.00102537810817737 0.00128172263522167 0.00153806716226596 0.00305049987182773 -0.00307613432453229 -0.00358882337862088 -0.0056395795949758
Stock impact report

Inflation rate slows to 0.9% in March [Advisor.ca (Canada)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Advisor.ca
© everythingpossible / 123RF Stock PhotoThe annual pace of inflation in Canada posted its biggest one-month decline in more than a decade, dropping below 1% in March as the price of oil collapsed and the economy was first gripped by the Covid-19 pandemic.Statistics Canada said Wednesday the consumer price index for March was up 0.9% compared with a year ago, the smallest year-over-year increase since May 2015 — also a period of low oil prices.The drop from a year-over-year increase of 2.2% in February was the largest drop since September 2006.Economists on average had expected a reading of 1.2% for March, according to financial markets data firm Refinitiv.Bank of Montreal chief economist Douglas Porter said the slowdown in Canada was bigger than those in some other major economies, including the United States and United Kingdom.“Canadian inflation hit the brakes hard at the start of the shutdowns,” Porter wrote in a report.And Porter said to look for inflation to fall even further in Show less Read more
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