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.

Tragedy on Highway 3 in Port Colborne
“Now and Always” Premier unveils giant Lake Ontario sign
Niagara Businesses Applauded Amid Turmoil
E-Scooters Illegal in Ontario: NRP
CBC News Blasted Over 9-11 Policy
Drugs Found in Niagara Falls Hotel
Driver/Truck Wanted After B&Es
Fort Erie Group Focuses on Homeless