Statistics Canada released December’s inflation report this morning to round out the data for 2015. The Consumer Price Index (CPI) posted an annual increase of 1.6%, … Read More
November Inflation Unexpectedly Low
Statistics Canada released November’s inflation report this morning. While inflation by no means appears robust, the drag of falling gas prices has started to lift. … Read More
Price of Food Bolsters October’s Inflation
According to Statistics Canada, the Consumer Price Index rose 0.2% in October after seasonal adjustments. This reverses September’s 0.2% decline in consumer prices. Annual inflation for … Read More
Falling Gas Prices Mask September’s Underlying Inflation
Once again falling gasoline prices are the major theme in Canada’s inflation story. Statistics Canada announced today that the seasonally adjusted Consumer Price Index (CPI) … Read More
Tumbling Gas Prices Keep Inflation Flat in August
Statistics Canada released August inflation data this morning. While the overall numbers appear muted, low energy prices mask growth in other components of the consumer price index … Read More
Inflation Remains Lacklustre in July
This morning Statistics Canada released inflation data for the month of July. The consumer price index climbed 0.1% for the past month, following an increase … Read More
Higher Energy Prices Spur Inflation in June
Statistics Canada released June inflation data this morning. The consumer price index climbed 0.2% in June and is 1% higher than a year earlier; this … Read More
Canadians Mostly Sheltered From Greek Crisis
In Greece, tax evasion is a cultural norm that goes back to the occupation of the Ottoman Turks and the heavy taxes they imposed. Today, … Read More
Rising Cost of Food Drives Inflation in May
Statistics Canada released May’s inflation figures this morning, the consumer price index rose 0.6% in May. On a year-over-year basis, the consumer price index increased … Read More
Gold and The Birth of Inflation
Ben Bernake, former chairman of the Federal Reserve, has famously said that ‘no one really understands gold…including himself.’ You can’t eat or drink it or use … Read More
