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
Higher Food Prices Drive Inflation in January
January’s inflation numbers were stronger than expected and the highest recorded since November 2014. According to today’s report from Statistics Canada, headline inflation was 2% for … Read More
December Inflation Misses Expectations
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