Statistics Canada says the national annual inflation rate ticked higher in March compared with February, boosted by higher prices for gasoline.
The agency says its consumer price index for March was up 2.9 per cent compared with a year ago, up from a 2.8 per cent year-over-year increase in February.
The increase came as gasoline prices rose 4.5 per cent compared with a year earlier, helped higher by an increase in global oil prices.
PEI’s annual inflation rate stood at 2.6 percent in March, up from February’s 1.5 percent.