Despite good economic news, experts warn the pain’s not over yet
WEB15 hours ago · 1:54 Inflation finally hits Bank of Canada’s 2% target Inflation is back at the coveted two per cent annual rate. Wage hikes have outpaced inflation for 19 months in a row. The Bank of Canada is ...
Inflation in Canada Hits 2% Target for First Time Since 2021
WEB4 days ago · Inflation & Prices. Inflation in Canada Hits 2% Target for First Time Since 2021. Core measures decreased to average of 2.35% year-on-year. Headline inflation fell largely due to lower gasoline ...
Inflation in Canada Hits 2% Target for First Time Since 2021
WEB4 days ago · Inflation in Canada Hits 2% Target for First Time Since 2021. Erik Hertzberg and Laura Dhillon Kane. Tue, Sep 17, 2024, 6:30 AM 4 min read. (Bloomberg) -- Inflation in Canada fell to the slowest ...
Bank of Canada deputy governor says inflation battle isn't over
WEB3 days ago · On Tuesday, Statistics Canada reported that the consumer price index rose by two per cent in August on a yearly basis — the slowest rate of increase since early 2021. The central bank’s two preferred core inflation measures also eased but are still elevated, averaging 2.35 per cent on a yearly basis from 2.55 per cent a month earlier.
The Daily — Consumer Price Index, August 2024 - Statistics Canada
WEB4 days ago · August 2024. -0.1%. (12-month change) Source (s): Table 18-10-0004-01. The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in August, increasing at the slowest pace since February 2021, and down from a 2.5% gain in July 2024. The deceleration in headline inflation in August was due, in …
Canada's inflation rate cools to 3.1% but the cost of living keeps ...
WEBNov 21, 2023 · Canada's consumer price index rose by 3.1 per cent in the year up to October, down from 3.8 per cent the previous month but in line with what economists were expecting.
Canada's inflation rate increases to 4% | CBC News
WEBSep 19, 2023 · Statistics Canada reports the annual inflation rate rose to four per cent in August, beating many economists' expectations and raising the possibility of another interest rate hike. There was one...
Canada’s inflation rate eases more than expected in June to 2.7% ...
WEBJul 16, 2024 · Canada’s annual inflation rate cooled more than expected to 2.7% in June, largely due to softer growth in gas prices, while core inflation measures were marginally down, Statistics Canada said...
Inflation jumped higher last month, to 3.3% | CBC News
WEBAug 15, 2023 · Canada's inflation rate bucked its recent trend of slowing last month and instead rose at a 3.3 per cent annual pace in July, Statistics Canada said Tuesday.
Inflation in Canada up 3.4 per cent in December | CTV News
WEBJan 16, 2024 · Canada's annual inflation rate rose to 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last month.