But those costs are still high, having risen 19.6 per cent since November 2021, the agency said. While the headline inflation rate hit the Bank of Canada's two per cent target in September ...

The Canadian dollar has tumbled since 2021, making it more expensive to buy goods in U.S. dollars. To tamp down inflation, the Bank of Canada raised interest rates at the most aggressive pace in ...

Canada’s inflation rate fell to 1.9% last month, down from 2% in October, as interest rate cuts for 2025 become more likely. Shelter costs increased at a slower annual pace of 4.6%, while rent ...

Canada's annual inflation rate rose 1.9 per cent in November, Statistics Canada said on Tuesday, after increasing 2 per cent in October. Economists had expected the Consumer Price Index (CPI) to ...

Canada’s inflation rate rose to two per cent in October, up from 1.6 per cent in September, Statistics Canada said. The annual rate of inflation, which fell below the Bank of Canada's target of ...

Governor Tiff Macklem said the world ‘looks more shock-prone’ in a speech, pointing to rising trade protectionism and ...

Related: Inflation Rate Slows To 1.9% In November Still, there is some good news: according to the most recent edition of Canada’s Food ... a code started in fall 2021 and in January 2023 ...

1 Input costs picked up strongly over 2021 due to factors such as pandemic-related supply disruptions ... For a closer look at the underlying inflationary pressures in services excluding shelter, Bank ...

The Federal Reserve’s decision to keep interest rates higher for longer seems to be paying off. The overall inflation rate fell to just 2.9% in July from the nearly 9% pace set in June 2022.