Thursday, March 28, 2024

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Canada’s inflation rate climbed to 5.7% the biggest jump in more than 30 years leaving consumers worried about the future

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Russia’s invasion of Ukraine has caused even higher spikes in the price of gas, and that’s contributing to rising costs overall.

Groceries and rent are also up significantly, as Canada’s inflation rate climbed to 5.7 percent last month, the biggest jump in more than 30 years.

Locals now say there’s less room in the budget for extras, and more worry about the future.

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