Inflation dropped from 5.9 percent in January to 5.2 percent last month
The annual inflation rate dropped in February.
According to Statistics Canada, the rate went from 5.9 percent in January to 5.2 percent last month.
This is the largest drop since April 2020, however, grocery prices are still outpacing overall inflation.
Last month, food prices were ten percent higher on a year over year basis.
This is the seventh month in a row that consumers have been hit with double digit increases.

Car Crashes into Welland Home
3 Drivers Charged with Stunt Driving
4 Suspects Wanted in Home Invasion
Moyer Farms Making $12M Investment
Niagara Falls Going Green for St. Patrick's Day
St. Catharines RIDE Campaign
Davies Challenges Gov't on EV Support
Welland's Plan for Hospital Contribution