Headline CPI inflation cooled to 1.9% year-on-year (y/y) in November, one tick softer than expected. Slower price growth was broad based across the eight major components. The one exception was transportation costs which rose to 1.1% y/y, from 0.3% in October. Shelter inflation has ...
According to the online survey conducted by the central bank, one-year-ahead inflation rate expectations reached 5.07 percent and two-year-ahead inflation rate expectations 4.62 percent. Survey respondents expressed the belief that three main issues were making inflation harder to control: supply chain...
The central bank’s interest rate cuts have helped take pressure off shelter price inflation as mortgage interest costs decelerate. Pressure in the rental market has also relented, with rent rising 7.3% from a year ago, down from an 8.2% annual gain in September. Property taxes and other spec...
National housing crisis voted Canadian Press News Story of the Year Jasper wildfire 2nd, tensions between Canada and India 3rd 2 days ago Read more > Canada’s inflation rate ticks below 2 per cent in November Grocery prices continue to rise above the overall inflation rate 2 days ago Read...
Earlier in the day, Statistics Canada reported that the annual rate of inflation slowed down from 2.0 percent to 1.6 percent in March. The drop surpassed the market expectation of a decrease to 1.8 percent. By category, two groups pulled the year-to-year rate down. Food slipped 1.9 percent...
The lottery is a huge business, with Americans spending more than $100 billion each year on tickets. Super-sized jackpots drive sales and earn the games a torrent of free publicity on news sites and newscasts. But this publicity has a dark side, as the prize money becomes more attractive...
National housing crisis voted Canadian Press News Story of the Year Jasper wildfire 2nd, tensions between Canada and India 3rd about 16 hours ago Read more > Canada’s inflation rate ticks below 2 per cent in November Grocery prices continue to rise above the overall inflation rate about 17 ...
Dollar pulls back from two-year high after inflation data, Fed rate cut ReutersFri, Dec 20th 2024 Dollar rally stalls as market digests Fed's cooler approach to easing ReutersThu, Dec 19th 2024 Dollar supported as bets on 2025 rate cuts evaporate ReutersMon, Dec 16th 2024 Dollar rises ...
National housing crisis voted Canadian Press News Story of the Year Jasper wildfire 2nd, tensions between Canada and India 3rd about 22 hours ago Read more > Canada’s inflation rate ticks below 2 per cent in November Grocery prices continue to rise above the overall inflation rate about 22 ...
Canadian dollar hit after inflation and retail sales data Wednesday, 18 April, 2018 Currencies Loonie extends drop after Poloz reiterates caution on rate rises Tuesday, 3 April, 2018 Currencies Loonie jumps to 5-week high on Nafta deal hopes ...