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.
Canada’s annual inflation unchanged at 1.7 per cent in May, core measures slightly ease
Canada annual inflation rate falls, but rise in core measures is tricky for central bank
Reading Time: 2 minutes Canada's inflation rate fell to 1.7 per cent in April, largely due to a drop in energy prices after the removal of the consumer carbon tax.
Canada’s inflation surprisingly slows to 2.3 per cent in March
Reading Time: 2 minutes Canada's annual inflation surprisingly slowed in March to 2.3 per cent, three notches below the prior month, largely helped by lower gasoline and travel tour prices, data showed on Tuesday.
Trump’s policies may not prove inflationary, Bernanke, others say
Reading Time: 3 minutes A number of leading economists, including advisers to past U.S. presidents, have coalesced around the view that President-elect Donald Trump's plans to broaden tariffs, cut taxes and curb immigration may not prove as inflationary as early analysis had suggested.
Canada’s inflation rate ticks down to 1.9 per cent in November
Reading Time: 2 minutes Canada's annual inflation rate unexpectedly dropped by a tick to 1.9 per cent in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a monthly basis, data showed on Tuesday.
Bank of Canada says Trump’s proposed tariffs would impact both economies
Reading Time: 2 minutes The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts.
Modi’s inflation-blowing farm pivot may not be enough to win key Indian state
Reading Time: 2 minutes Indian Prime Minister Narendra Modi has taken several pro-farmer but inflation-stoking measures in recent months, such as easing curbs on rice and onion exports, but that may not prove enough for him to sway an election on Wednesday in a key state.
Canada’s inflation rate jumps back to two per cent, curbing large rate-cut bets
Reading Time: 2 minutes Canada's annual inflation rate accelerated more than expected to 2.0 per cent in October as gas prices fell less than the previous month, data showed on Tuesday, shrinking market bets for a bigger rate cut next month.
Bank of Canada cuts rates, hails ‘good news’ on low inflation
Reading Time: 2 minutes The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country has returned to an era of low inflation.
Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut
Reading Time: 2 minutes Canada's annual inflation rate slowed more than expected to 1.6 per cent in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The easing of inflation, which was mainly led by a huge drop in the price of gasoline, was the smallest annual increase in consumer prices since February 2021, Statistics Canada said.
A message from April Stewart, Country Guide's Associate Editor
