2024. Canada's Consumer Price Index (CPI) rose 2 percent on a year-over-year basis in August, back to the inflation target set by the Bank of Canada, Statistics Canada said Tuesday. (Photo by Zou Zheng/Xinhua)
A man fuels a vehicle at a gas station in Mississauga, the Greater Toronto Area, Canada, on Oct. 15, 2024. Canada's Consumer Price Index (CPI) rose 1.6 percent on a year-over-year basis in September, down from a 2 percent gain in August, Statistics Canada said on Tuesday. (Photo b...
August 2022 7.0 July 2022 7.6 June 2022 8.1 May 2022 7.7 April 2022 6.8 March 2022 6.7 These inflation numbers represent the Consumer Price Index (total CPI). As defined by the Bank of Canada, "The Consumer Price Index (CPI) is an indicator of changes in ...
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Deflation seems to have become a serious prospect in Canada, as a 0.5% drop in prices in September (versus market expectations of a 0.2% decrease) reinforced fears of a downward spiral toward a period of falling prices that feeds on itself. According to
The current levels of unemployment and inflation are not expected to persist, as year- over-year Canadian consumer price index (CPI) growth reached its highest level since 1983 at 8.1% in June 2022 and remained high at 7.6% in July 2022. The BoC is responding to persistent upside inflation...
The main stock market index in Canada (TSX) increased 3549 points or 16.94% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from Canada. Canada Stock Market Index (TSX) - values, histo
Situation Reports-February 9, 2023 ByZachary Fillingham Inflation remains a pressing issue in Canada, one that both the government and the Bank of Canada are facing mounting criticism over. According to Statistics Canada, inflationeasedslightly in December to reach 6.3% year-on-year, down from 6.8...
Wasn’t January’s US Consumer Price Index (CPI) hotter than expected?5It was, although a 3.1% yearly advance in headline inflation does not suggest to me a lack of price stability. Rather, it indicates that a few components of the consumer basket, such as Owners’ Equivalent Rent (which...
Canada 10Y Bond Yield was 3.24 percent on Friday October 11, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Canada 10-Year Government Bond Yield reached an all time high of 12.44 in March of 1985. Canada 10-Year Government Bond Yield ...