The annual inflation rate in Canada increased to 2% in October from 1.6% in September 2024, slightly higher than consensus expectations. The Consumer Price Index increased 0.4% in October over the ...
Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...
"Overall, there are a lot of moving pieces and temporary factors playing out in the inflation data at the moment. But through the volatility underlying price pressures appear to be close to two per ...
The consumer price index rose 0.5% in January 2025, driven by higher energy costs, marking the largest month-over-month ...
The Bank of Canada expected a cooling in inflation as result of the tax break, which is set to end in mid-February. Tuesday’s inflation reading is the last major economic data release before the ...
businesses say December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of 2025 with U.S. President Donald Trump’s tariff threats ...
Canada's inflation rate cooled to 1.8 per cent in the final month of 2024. British Columbians, however, are dealing with the highest inflation rate among all the provinces.alexsl / iStock / Getty ...
A Bank of Canada internal review found that the extraordinary measures it took during the pandemic could have been ...
OTTAWA, Jan 21 (Reuters) - Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought down ...