Quebec inflation rate fell to 4.7% in March; 5.4% in Montreal

According to the March update from the Institut de la statistique du Québec, the inflation rate in Quebec is 4.7%, down from 5.6% in February. The inflation rate in Montreal fell from 6.3% to 5.4% during the same time period.

The inflation rate in Canada decreased from 5.2% to 4.3%.

See the chart below for the inflation rate in Quebec over the last two years.

Quebec inflation rate fell to 4.7% in March; 5.4% in Montreal (Source: Statistics Canada and the Institut de la statistique du Québec)

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