While inflation will continue to decrease, price levels are much higher than a few years ago, and that is something that can only get more palatable with higher income levels. … READ MORE >
Canada consumer price index
Canada’s inflation fell to 2.7%, bolstering case for June rate cut
Headline inflation fell to 2.7 per cent, within the 1 per cent to 3 per cent range for the fourth month in a row and the lowest since early 2021. … READ MORE >
February’s inflation in Canada makes case for rate cuts
Canada’s consumer price index fell to 2.8% February, marking the second consecutive month of easing inflation and bolstering the case for the Bank of Canada to cut rates in June. … READ MORE >
Canada’s inflation excluding shelter hit target in January
Canada’s consumer price index dropped to 2.9% in January, led by lower year-over-year figures in gasoline prices. On a monthly basis, prices stayed flat. … READ MORE >
Canada’s inflation accelerated to 3.4% in December
December’s CPI increase is likely a blip in the path toward price stability as the overall rate heads to a range to below 3% soon. … READ MORE >
Inflation in Canada stayed steady at 3.1%
Food and housing remain primary drivers of inflation. On a year-over-year basis, mortgage interest costs spiked by a whopping 29.7%—the largest contributor to inflation. … READ MORE >
Canada sees disinflation as gasoline prices ease
Inflation fell to 3.1% on a year-over-year basis, according to Statistics Canada on Tuesday. On a monthly basis, prices fell by 0.1%. … READ MORE >
Canadian inflation fell to lowest since August 2021
Canada’s inflation rate dropped to 4.3% in March on an annual basis from 5.4% in the prior month, driven largely by comparisons to the surging energy and food prices of a year ago. … READ MORE >
Canada inflation slows in February
Canada’s inflation plunged to 5.2% from 5.9% on a year-ago basis as comparisons to last year’s elevated numbers kicked in, Statistics Canada reported on Tuesday. … READ MORE >
Canada’s annual inflation slows again, yet Bank of Canada’s work is not done
The consumer price index rose by 5.9% from 12 months ago in January, down from 6.3% in December, and lower than the market’s forecast at 6.1%. … READ MORE >