Canada’s inflation rate dropped to 1.8 per cent in December from 1.9 per cent a month earlier, as the impact from a temporary GST/HST break introduced by the federal government tamped down price ...
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The prices included in the Consumer Price Index include all excise and other taxes paid by consumers, and as a result any tax break brings down the prices recorded by Statistics Canada.
Canada's inflation rate eased a tad in December, according to Statistics Canada. The Consumer Price Index (CPI), which tracks the cost of goods and services, climbed 1.8% compared to last year.
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
Statistics Canada’s consumer price index report said restaurant food purchases, and alcohol bought from stores contributed the most to the deceleration on the national level. The federal ...
The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...
USD as spreads, Bank of Canada bets prove a headwind By ... But US GDP and PCE inflation could steal the limelight. Australian CPI and... Week Ahead: FOMC, ECB, BoC, US PCE, EZ GDP, Tokyo and ...
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