WRAPUP 1-Autos fuel Canada retail sales in March, inflation holds in April

Newswire

By Leah Schnurr OTTAWA, May 19 (Reuters) - Canada's annual inflation rate held steady in April as a seventh consecutive decline in food prices offset higher gasoline, while March retail sales rose more than expected, suggesting consumer spending held up as the economy headed into the second quarter. Economists said the reports released by Statistics Canada on Friday were not likely to move the Bank of Canada off the sidelines when it meets next week. The central ...

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