BNN Bloomberg
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May 19, 2026
· 1 min read
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StatCan to release April inflation report, oil shock expected to drive prices higher - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Article Excerpt
StatCan is set to release the April inflation report this week, and analysts are predicting that the oil shock will be a significant driver of price increases. According to BNN Bloomberg, the latest data from Statistics Canada could show continued upward pressure on consumer prices due to global supply chain disruptions and increased energy costs.
The report is expected to provide insights into the current state of inflation in Canada, which has been steadily rising over the past year. Analysts are closely watching the numbers as they can impact monetary policy decisions by the Bank of Canada…
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