Economics 101: Latest Canadian inflation data positive for consumers
The Consumer Price Index declined 0.2% month over month in August after a 0.4% increase in July. This was below the average economists’ forecast calling for inflation to remain at the same level as July. In seasonally adjusted terms, headline prices were up 0.12% in August after a 0.25% increase in July. Year over year,
The Consumer Price Index declined 0.2% month over month in August after a 0.4% increase in July. This was below the average economists’ forecast calling for inflation to remain at the same level as July. In seasonally adjusted terms, headline prices were up 0.12% in August after a 0.25% increase in July. Year over year,
