# Canada's inflation jumps to eight-month high as sales tax break ends

> Canada's inflation rose to an eight-month high as a sales tax break ended, with the increase described as broad-based. The Canadian dollar firmed slightly to 1.4283 per US dollar after the data, and two-year yields jumped 5.7 basis points.

- Date: 2025-03-18 · published 2025-03-18T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/25828-canada-s-inflation-jumps-to-eight-month-high-as-sales-tax-break-ends
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Higher Canadian inflation tied to a tax change shifts rate expectations and the loonie, a modest macro factor for Canadian feed and livestock costs.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/americas/canadas-inflation-shoots-up-26-sales-tax-break-ends-2025-03-18/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.