Statistics Canada to release March inflation numbers this morning

Statistics Canada is set to release its March inflation reading this morning.

The federal agency's latest consumer price index report will provide an update on the pace of price growth in the country.

RBC is forecasting the annual inflation rate fell to 4.1 per cent in March, down from 5.2 per cent in February.

The bank says the expected decline in inflation last month was likely driven by lower energy prices.