Canada's annual inflation rate goes negative, but food prices rise
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OTTAWA (Reuters) - Canada's annual inflation rate fell by 0.2% in April, the first time it has turned negative since 2009, as the coronavirus pandemic slashed energy prices, but the headline figure obscured rising costs of some foods.Analysts had forecast a negative rate of 0.1% in April, down from 0.9% recorded in March. Statistics Canada said on Wednesday that annual inflation excluding energy prices rose by 1.6%.Energy prices sank by 23.7% from April 2019. Gasoline prices plunged 39.3%, the..