UPDATE 1-Canada's Feb annual inflation edges up to 2.1 pct

Newswire

OTTAWA, March 23 (Reuters) - Canada's annual inflation rate in February rose to 2.1 percent from 2.0 percent in January due mainly to an increase in gasoline prices, Statistics Canada said on Wednesday. The increase matched analysts' expectations. The Bank of Canada's index of core inflation, which strips out the prices of eight volatile components such as energy and some foods, rose to 1.8 percent from 1.6 percent in January. Analysts had predicted the rate would increase to 1.7 ...

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