If the price of bread rises faster than the price of potatoes, people who eat a lot of bread are more affected by inflation than those who eat a lot of potatoes. Since the CPI is an average measure, ...

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Economists expect little movement in Canada’s inflation numbers, if any, when January data is released this week, though the underlying change in prices will be clouded by a full month of the ...

OTTAWA, Feb 18 (Reuters) - Canada's annual inflation rate inched up to 1.9% in January from the previous month as higher gasoline and natural gas costs reduced the impact of a sales tax reprieve ...

The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with ...

For the first time since May 2017, food inflation in Canada dipped into negative territory, reaching -0.6% in January. The numbers seem reassuring—on the surface. Inflation at restaurants plummeted to ...

Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as Canada’s annual inflation rate ticked back up in January. Statistics ...

AP Trump has long argued that these tariffs are necessary to protect American industries, generate government revenue US President Donald Trump's latest round of tariffs on major US trading partners- ...

Canada’s annual inflation rate ticked upward last month but remained below the Bank of Canada’s target, as higher energy prices offset the lingering effects of the federal tax holiday on the ...

OTTAWA, Feb 18 (Reuters) - Canada's annual inflation rate edged up to 1.9% in January, as higher energy prices offset the effect of the GST/HST "holiday" on food and certain other items ...

Statistics Canada said without the federal government’s GST break, which ended this month, overall inflation would have risen to 2.7% in January. “I think what’s really the key here is that ...