Inflation Steady in April

Consumer prices were fairly static in April, according to figures released Friday morning by Statistics Canada. The consumer price index held steady at 1.6% last month, as energy got more expensive but food got cheaper.

The nation's number crunchers reported Friday that gasoline prices bolted higher 9.5% for the month, partly due to supply disruptions at oil refineries, as they changed over to summer fuel blends.

For the year as a whole, pump prices were nearly 16% higher in April than they were in 2016.

On the opposite end of the spectrum, food prices swooned 1.1% over the same period.

Aside from food, clothing and footwear was the only sector to see prices drop in the past year, and they did so 2%.