Canada's inflation rate finally hit the Bank of Canada's target.
WEB3 days ago · Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth.
Inflation in Canada Hits 2% Target for First Time Since 2021
WEB3 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 ...
The Daily — Consumer Price Index, August 2024 - Statistics Canada
WEB3 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 2% inflation rate in August raises hopes for large rate cut
WEB3 days ago · The Canadian dollar edged lower to C$1.3589 to the U.S. dollar, or 73.59 U.S. cents. The BoC had predicted annual inflation to be at 2.6% this year and fall to 2.4% next year before coming down to ...
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.
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.
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...
The Daily — Insights on inflation in Canada - Statistics Canada
WEBJun 28, 2023 · The results shed light on the extent to which the recent inflation is driven by forces largely external to Canada. The second and third articles focus on the role of key internal factors, in particular labour costs, non-labour costs and the margin between output prices and costs.
Inflation in Canada Hits 2% Target for First Time Since 2021
WEB3 days ago · Bond yields fell, pushing the two-year Canada benchmark yield to 2.880%. The loonie slipped to a low of C$1.3617, on pace for its fourth day of losses, as of 9:22 a.m. in Ottawa.
Bank of Canada members split on inflation outlook, minutes show
WEB1 day ago · Reuters. Wed, Sep 18, 2024, 1:35 PM 2 min read. The Bank of Canada's governing council was split on the outlook for inflation ahead of its Sept 4 decision to cut rates for the third time in a row ...