Reading Time: 2 minutes Canada’s annual inflation rate in January accelerated at a slower pace than the previous month as a big drop in gasoline prices helped cushion the impact of higher food and clothing prices, Statistics Canada said on Tuesday.
Tag Archives Bank of Canada
Canadian annual inflation rate edges down in January as gasoline costs drop
Bank of Canada holds rates, says hard to predict future moves
Reading Time: 2 minutes The Bank of Canada on Wednesday held its policy rate at 2.25 per cent, as widely expected, and Governor Tiff Macklem said the high level of uncertainty made it difficult to predict when and how rates might next change.
Bank of Canada expected to keep rates on hold on Wednesday
Reading Time: 2 minutes The Bank of Canada is widely expected to keep its policy interest rate on hold at 2.25 per cent on Wednesday.
Bank of Canada holds rates, says economy is resilient
Reading Time: 2 minutes The Bank of Canada held its key policy rate steady at 2.25 per cent on Wednesday as widely expected, and Governor Tiff Macklem said the economy was proving resilient overall to the effect of U.S. trade measures.
Canada’s inflation in October eases to 2.2 per cent on lower gasoline, food prices
Reading Time: 2 minutes Canada’s annual inflation rate in October eased to 2.2 per cent as gasoline prices dropped, food prices eased and mortgage interest costs came down below the three per cent mark, data showed on Monday.
Bank of Canada head expresses concern about Trump’s Fed actions
Reading Time: 2 minutes Bank of Canada Governor Tiff Macklem on Tuesday expressed concern about President Donald Trump’s attempts to pressure the U.S. Federal Reserve, saying his actions had started to hit financial markets.
Canada’s annual inflation rate eases to 1.7 per cent in July, core measures stay firm
Reading Time: 2 minutes Canada’s annual inflation rate eased to 1.7 per cent in July from 1.9 per cent in the prior month as lower year-on-year gasoline prices kept the consumer price index low, but core measures of inflation stayed sticky, data showed on Tuesday.
Bank of Canada holds rates steady and says global trade war risk has eased
Reading Time: 2 minutes The Bank of Canada held its key policy rate at 2.75 per cent for the third time in a row on Wednesday, as expected, and said the risk of a severe and escalating global trade war had diminished.
Canada’s annual inflation rate in June up slightly to 1.9 per cent
Rise in prices led by durable goods, clothing, footwear
Reading Time: 2 minutes Canada's annual inflation rate rose to 1.9 per cent in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data showed on Tuesday.
Canada’s annual inflation unchanged at 1.7 per cent in May, core measures slightly ease
Reading Time: 2 minutes Canada’s annual inflation rate in May was unchanged from the previous month at 1.7 per cent as a drop in gasoline costs continued to keep the overall index stable. Prices of shelter, food and transportation also cooled.
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