BNN Bloomberg
🏢 Bell Media
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May 19, 2026
· 1 min read
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Canadian inflation rises to 2.8% in April - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Signal breakdown
Heuristic (v1/v3)
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ML v2 (DistilBERT)
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Ensemble
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Article Excerpt
The consumer price index (CPI) increased by 1.4% month-over-month in April, bringing the annual inflation rate to 2.8%, up from 2.3% in March, according to data released by Statistics Canada on Wednesday.
"The increase in the overall CPI reflects higher prices for shelter, air transport, and fuel," said Sabrina Thorson, a senior analyst at Statistics Canada.
Shelter costs, which account for about one-third of the total CPI basket, rose 0.5% month-over-month to an annual rate of 2.8%. This includes increases in both owner equivalent rent (1.4%) and tenant rents (3.6%).
Air transport prices i…
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