Canada’s annual inflation rate in May was unchanged from the previous month at 1.7 per cent as a drop in gasoline costs continued to keep the overall index stable. Prices of shelter, food and transportation also cooled.
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Tag Archives inflation
Canada’s annual inflation unchanged at 1.7 per cent in May, core measures slightly ease
Canada annual inflation rate falls, but rise in core measures is tricky for central bank
Canada's inflation rate fell to 1.7 per cent in April, largely due to a drop in energy prices after the removal of the consumer carbon tax.
Canada’s inflation surprisingly slows to 2.3 per cent in March
Canada's annual inflation surprisingly slowed in March to 2.3 per cent, three notches below the prior month, largely helped by lower gasoline and travel tour prices, data showed on Tuesday.
Inflation pressure prompts proposed Beef Farmers of Ontario check-off increase
Beef Farmers of Ontario (BFO) members will vote on a $1.50 check-off increase in February at the annual general meeting. Inflation, maintaining current services and aligning Ontario’s support of national groups with other provinces are the catalysts for the increase, explained Craig McLaughlin, BFO president, to attendees of Beef Day at the Grey Bruce Farmers […] Read more
Trump’s policies may not prove inflationary, Bernanke, others say
A number of leading economists, including advisers to past U.S. presidents, have coalesced around the view that President-elect Donald Trump's plans to broaden tariffs, cut taxes and curb immigration may not prove as inflationary as early analysis had suggested.
Canada’s inflation rate ticks down to 1.9 per cent in November
Canada's annual inflation rate unexpectedly dropped by a tick to 1.9 per cent in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a monthly basis, data showed on Tuesday.
Bank of Canada says Trump’s proposed tariffs would impact both economies
The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts.
Modi’s inflation-blowing farm pivot may not be enough to win key Indian state
Indian Prime Minister Narendra Modi has taken several pro-farmer but inflation-stoking measures in recent months, such as easing curbs on rice and onion exports, but that may not prove enough for him to sway an election on Wednesday in a key state.
Canada’s inflation rate jumps back to two per cent, curbing large rate-cut bets
Canada's annual inflation rate accelerated more than expected to 2.0 per cent in October as gas prices fell less than the previous month, data showed on Tuesday, shrinking market bets for a bigger rate cut next month.
Bank of Canada cuts rates, hails ‘good news’ on low inflation
The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country has returned to an era of low inflation.
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