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.
Tag Archives Inflation
Canada’s inflation rate ticks down to 1.9 per cent in November
More food inflation predicted
Canadian food prices projected to rise three to five per cent in 2025, says national report
Canadian food prices are projected to jump another three to five per cent in 2025; raising the food bill for a family of four over $800, Canada’s Food Price Report says.
Bank of Canada says Trump’s proposed tariffs would impact both economies
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
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
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
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.
Food sentiment report shows inflation pressure
Canadians are still seeking cheaper options in the grocery store, according to survey
Canadians are still seeking cheaper options in the grocery store, according to a Dalhousie University food sentiment index survey.
Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut
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.
Dairy sector set to stabilize in 2024: FCC
Feed prices, butter stocks, retail demand and inflation top trends to watch
The dairy sector seems set to stabilize in 2024 amidst high processor demand and leveling-off input costs, Farm Credit Canada says.
Comment: The case of the chicken price hike
Why are B.C.’s chicken prices so high?
We deeply value our farmers and rely on their hard work to provide us with essential food. Most farmers are eager to share their stories and take pride in their work. However, when it comes to supply-managed sectors such as dairy, eggs and poultry, the dynamics are a bit different, particularly regarding the prices they
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