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Canada, inflation rate

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Canada inflation eases to 1.7%, driven by falling gas prices
Out of 10 Canadian provinces, six saw prices rising at a slower year-over-year pace in July compared with June. Nova Scotia’s inflation held steady. Quebec, Prince Edward Island and Newfoundland and Labrador saw higher inflation in July, with the latter experiencing the most acceleration, mainly due to higher electricity prices.

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YorkRegion.com · 1d
Why is my grocery bill climbing even as Canada’s inflation rate falls? Here’s what’s behind the numbers
Canada's annual inflation rate eases to 1.7% in July boosting some hopes of rate cut
Inflation cools to 1.7% in July thanks to lower gas prices: StatCan
Statistics Canada says the annual rate of inflation cooled to 1.7 per cent in July, down from 1.9 per cent in June.

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How Tuesday’s inflation report has shifted market and economist views for future BoC rate cuts
Future Rate Cuts In Question As Inflation Hits 3.8% In July
Canada’s inflation rate slows to 1.7% in July, raising odds of BoC rate cut
“An easing in inflationary pressures during July means that we have successfully cleared one obstacle on the path towards a potential September interest rate cut,” said CIBC senior economist Andrew G...

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Inflation slowed to 1.7% in July, but food prices rose at faster pace
Lethbridge Herald · 1d
Economists split on BoC’s next rate move after July inflation data
The Western Producer2d

Canada’s annual inflation rate eases to 1.7 per cent in July, core measures stay firm

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,

Canadian dollar falls as inflation data fuels rate cut bets

The Canadian dollar hit its lowest in almost three weeks against its U.S. counterpart on Tuesday as oil prices fell and cooler domestic inflation data raised expectations the Bank of Canada would cut interest rates in the coming months.
Yahoo Finance5mon

Canada's inflation jumps to eight-month high as sales tax break ends

OTTAWA (Reuters) -Canada's annual inflation rate showed a surprise jump to 2.6% in February, surpassing expectations as a sales tax break that ended in the middle of last month pushed prices ...
Wall Street Journal11mon

Canada’s 2% Inflation Not What It Used To Be - WSJ

Although inflation in Canada eased to the Bank of Canada’s 2% target in August, Royal Bank of Canada economists aren’t partying. They argue 2024’s 2% inflation isn’t 2019’s 2%.

TSX slips ahead of Canada inflation data, Fed conference

Canada's main stock index inched lower on Monday as investors avoided big bets ahead of domestic inflation data due on Tuesday and a key U.S. central bank conference starting on Friday.

Consumer inflation fell in July to 1.7%, but food costs ‘just won’t quit’

Consumer inflation in Canada rose by less than expected in July, according to Statistics Canada, as falling gasoline prices offset price increases elsewhere.
Wall Street Journal2y

Canada Inflation Accelerates to 3.3% in July - WSJ

OTTAWA—Inflation in Canada heated up last month due in part to jump in mortgage-interest costs with higher interest rates, though there were some signs of prices moderating for consumers.
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