November inflation data, released this morning by Statistics Canada, points to some unexpected economic weakness and reinforces the Bank of Canada’s intention to leave rates unchanged despite recent … Read More
Food Prices Fall But Inflation is Up in October
According to the report released today from Statistics Canada, The Consumer Price Index added 1.5% over the year ending in October, up from 1.3% in September. During the … Read More
Core Prices Show Signs of Life in September
According to today’s inflation report from Statistics Canada, the consumer price index (CPI) climbed 1.3% over the year ending in September, up from 1.1% for the … Read More
August Inflation Misses Target
According to today’s report from Statistics Canada, the consumer price index (CPI) added 1.1% over the year ending in August, down from 1.3% for the year … Read More
Falling Gas Prices Slow July’s Inflation
According to Statistics Canada, the consumer price index fell 0.2% in July to reverse June’s 0.2% growth in consumer prices. Year-over-year, headline inflation was 1.3% in July, down from … Read More
Inflation Remains Steady in June
Prices rose slightly more than expected in June according to the inflation report released today by Statistics Canada. The Consumer Price Index (CPI) climbed 0.2% in June, lifted by higher … Read More
Sluggish Food Prices Moderate Inflation in May
The Consumer Price Index added o.4% in May as prices inched up in every major component of consumer spending except for food. This is according … Read More
Prices at the Pump Boost Inflation in April
According to Statistics Canada, the consumer price index (CPI), a primary gauge of inflation for the Bank of Canada, climbed 1.7% over the year ending in April. Consumer … Read More
Inflation Slows But Remains Steady in March
According to Statistics Canada, annual inflation slowed to 1.3% in March from 1.4% in February. Although, inflation remains well below the Bank of Canada’s 2% target, monthly data … Read More
February’s Falling Gas Prices Muffle Inflation
Statistics Canada surprised markets this morning with unexpectedly weak inflation data. According to their report, consumer prices climbed 1.4% for the year ending in February. This is … Read More