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flag Economists predict Canada's January inflation will stay around 1.7%, impacted by a tax break.

flag Economists predict little change in Canada's January inflation numbers, which will be clouded by the full month impact of the government's GST tax break. flag Without this break, inflation was expected to rise to 2.2% from 1.9%. flag Both RBC and BMO economists anticipate inflation to remain steady or slightly decrease to around 1.7%, with the Bank of Canada focusing on core measures that exclude indirect taxes to assess underlying inflation trends.

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