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Canada, December and inflation
Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off from the mid of the month and brought down prices of alcohol, restaurant foods and children's clothing.
Canada Inflation Eases to 1.8% Thanks to Tax Break
Stripping out the effects of the tax holiday, annual inflation ticked up for December to 2.3%.
Canada's inflation rate fell to 1.8% in December, with prices declining during GST break
Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday contributing to a price decline across several categories, Statistics Canada said Tuesday.
Instant View: Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%. Market reaction: [CAD/] Link: COMMENTARY DOUG PORTER,
Inflation in Canada Eases to 1.8% on Trudeau Sales Tax Break
For the first time since 2019, Canadian inflation stayed within the central bank’s target range for a full year, a mark of achievement for policymakers ahead of a potential tariff war that threatens to derail their progress.
Canada Inflation Dipped In December To 1.8%
Canadian inflation fell 0.1 percentage points to 1.8 percent in December as a brief sales tax holiday on selected consumer goods kicked off, the government statistical agency said Tuesday.
VIEW Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%.
As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
Canada's annual inflation rate ticked lower in December, thanks in part to Ottawa's temporary GST tax break, but economists still see interest rate cuts on the horizon as potential tariffs loom.
11h
Trump Tariff Threat Looms Over Bank Of Canada As Inflation Cools
Canadian inflation cooled to 1.8% in December, but with the threat of US tariffs on the horizon, are more BoC rate cuts ahead ...
5h
Trump tariffs 2.0: Economists brace for potential inflation
With President Trump's return to office earlier this week, economists are now bracing for the aggressive tariffs he promised on the campaign trail.
13h
How will Trump try to fix inflation? Experts say he'll focus on these areas.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal ...
2h
Trump’s tariff threat may force Bank of Canada to cut key rate next week, despite inflation worries
Money markets, many economists, predict a 25-basis point cut to the Bank of Canada's key interest rate at its meeting next Wednesday.
Retail Insider
9h
Canada’s Food Inflation Drops to Record Low Amid GST Holiday
Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.
2d
Inflation rate ticks down on GST holiday, with likely BoC rate cut ahead
December’s inflation results were heavily influenced by the GST tax break on some items that took effect halfway through the ...
1d
Malaysia Inflation Eases To 1.7%, Lowest In 11 Months
Malaysia's consumer price inflation eased unexpectedly in December to the lowest level in nearly a year, data from the Department of ...
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