Inflation dropped from 5.9 percent in January to 5.2 percent last month
The annual inflation rate dropped in February.
According to Statistics Canada, the rate went from 5.9 percent in January to 5.2 percent last month.
This is the largest drop since April 2020, however, grocery prices are still outpacing overall inflation.
Last month, food prices were ten percent higher on a year over year basis.
This is the seventh month in a row that consumers have been hit with double digit increases.
Pets Not Allowed at Thorold Cemeteries
Mayor Terry Ugulini had to be the deciding vote for a split council
Councillors Not Impressed with Frivolous Complaints
They don't like taxpayers paying for complaint against Mike Strange
Standard Building to be Torn Down
St. Catharines fire chief says building next door is also in trouble
ID of Human Remains Confirmed
Police say a skull was found in November near Read Road and Lake Ontario
Woman Charged After Pedestrian Killed
It happened last month on Thorold Stone Road in Niagara Falls
Cause of St. Catharines Standard building fire "undetermined"
Damage too extensive for an investigation
Welland adopts 2026 Budget with 4.01% increase
This equates to an approx. $78 increase for the average homeowner.
Port Colborne Man Charged with Child Luring
Police have released the Snapchat names they say he used earlier this year