The cost of living ticked up to 1.2% in March, higher than February's level, but still on the low end of the range deemed comfortable by the Bank of Canada.
Gasoline prices were the main factor driving down the consumer price index, Statistics Canada said Friday.
Since last fall, gas prices have been well below their levels a year ago, keeping the official inflation rate in check. Prices across Canada were 19.2% lower last month than they were in the same month a year earlier.
Stripping out gas prices, the inflation rate would have been 2.2% in March.
Across the country, prices increased in every province except Alberta and the Atlantic provinces, where the inflation rate was negative. Ontario now has the highest inflation rate in the country, at 1.6%.
