Canadian Inflation Accelerates, Moderate Recession Has Kicked Off - Better Dwelling
Canadian headline inflation is heading in the wrong direction. The Statistics Canada (Stat Can) Consumer Price Index (CPI) shows annual growth at 3.4% in December, up 3.4 points compared to a month before. The rate is higher than anticipated, but attributed to the base effect of a few components. At least one prominent economist believes […]
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Canadian headline inflation is heading in the wrong direction. The Statistics Canada (Stat Can) Consumer Price Index (CPI) shows annual growth at 3.4% in December, up 3.4 points compared to a month before. The rate is higher than anticipated, but attributed to the base effect of a few components. At least one prominent economist believes […]