The Bank of Canada is likely to be watching the May inflation report closely. Here's what it could mean for the central bank's next interest rate decision ...
Inflation slowed to 3.4%, but economists don't think that will be enough to keep the Bank of Canada from raising rates in July. Read on.
Statistics Canada revealed on Tuesday that those plunging gas prices helped push the consumer price index (CPI) dramatically downwards, with the cost of ...
Taking the current economic environment into account, ensuring higher economic productivity will be a โstraightforwardโ way to limit further inflationary ...
Statistics Canada says it's due to a drop in gasoline prices, as the cost of housing and food remains sky-high. While Canadians are getting some relief at the ...
That's a significant slowdown from the 4.4 per cent pace seen in April. Gasoline prices were the single biggest reason for the deceleration. If gasoline is ...
Canada's annual inflation rate came in at 3.4 percent in May, its slowest pace in two years, ,weakening the case for another interest rate hike.
The Consumer Price Index (CPI) slowed to 3.4 per cent in the year up to May, Statistics Canada said yesterday. That's down from a year-over-year ...
Toronto/IBNS: The deceleration of Canada's inflation rate to 3.4 percent this year till May was largely due to sharply lower gasoline prices by more than 18 ...