Specifically, the inflation rate in April was -0.2%, mainly due to the sharp decline in prices of main commodities, especially gasoline prices. Gas prices in Canada are down nearly 40%, clothing and footwear prices are down 5.9%; electricity price drops by more than 4%.

The implementation of quarantine measures to prevent the spread of the disease has led to a sharp decline in gasoline demand, and many clothing shops have to close, leaving inventory in stock. Meanwhile, the electricity price has been reduced partly because Ontario has eliminated hourly electricity pricing.

However, economists say that the figures do not fully reflect the reality of happening, because they do not take into account products and services that have no transactions in the month such as holiday packages, cutting services. hair…