Canada's inflation rate finally hit the Bank of Canada's target.
WEB3 days ago · Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada's target in its long campaign to cool price growth.
Canada's inflation rate: 2% in August | CTV News
WEB3 days ago · Share. OTTAWA -. Canada's annual inflation rate reached the central bank's 2 per cent target in August, data showed on Tuesday, fuelling hopes for a 50-basis-point interest rate cut by the country ...
Inflation in Canada Hits 2% Target for First Time Since 2021
WEB3 days ago · Inflation & Prices. Inflation in Canada Hits 2% Target for First Time Since 2021. Core measures decreased to average of 2.35% year-on-year. Headline inflation fell largely due to lower gasoline ...
Bank of Canada deputy governor says inflation battle isn't over
WEB3 days ago · On Tuesday, Statistics Canada reported that the consumer price index rose by two per cent in August on a yearly basis — the slowest rate of increase since early 2021. The central bank’s two preferred core inflation measures also eased but are still elevated, averaging 2.35 per cent on a yearly basis from 2.55 per cent a month earlier.
Canada’s inflation rate finally hit the Bank of Canada’s target.
WEB3 days ago · Inflation rate reached 2 per cent in August, lowest rate since February 2021 Canada's inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the ...
The Daily — Consumer Price Index, August 2024 - Statistics Canada
WEB3 days ago · The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in August, increasing at the slowest pace since February 2021, and down from a 2.5% gain in July 2024. The deceleration in headline inflation in August was due, in part, to lower prices for gasoline, due to a combination of lower prices and a base-year effect.
Canada Inflation Eases Back to Central Bank Target in August
WEB3 days ago · Photo: Zou Zheng/Zuma Press. OTTAWA—Canadian inflation matched the central bank’s target last month for the first time in more than three years, smoothing the road for further cuts in interest ...
Canada’s inflation rate slowed to 2.7% in April, boosting bets for …
WEBMay 21, 2024 · Canada’s annual inflation rate slowed to 2.7 per cent in April, matching analyst expectations and bolstering the case for the Bank of Canada to start cutting interest rates this summer....
Canada’s inflation rate eases more than expected in June to 2.7% ...
WEBJul 16, 2024 · Canada’s annual inflation rate cooled more than expected to 2.7% in June, largely due to softer growth in gas prices, while core inflation measures were marginally down, Statistics Canada said...
Canada's inflation rate jumps to new 31-year high of 6.7%
WEBApr 20, 2022 · The inflation rate in Canada jumped to 6.7 per cent in March, hitting a 31-year high. Economists warn borrowers should expect further interest rate hikes as the Bank of Canada tries to cool...