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APR 19, 2013 - Yahoo! News

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Benign Canada inflation eases pressure for rate hike

By David Ljunggren OTTAWA (Reuters) - Canada's annual inflation rate in March slowed to 1.0 percent from 1.2 percent in February, further underlining how little pressure there is on the Bank of Canada to raise rates any time soon. The main reason for the drop in the annual rate was lower gas prices, Statistics Canada said on Friday. The March rate was slightly less than the 1.1 percent predicted by economists. ...

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