inflation canada news

Canada's inflation rate hit 2 per cent in August

Canada's inflation rate finally hit the Bank of Canada's target. What does that mean for prices?

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.

Bloomberg L.P. · 2d

Inflation in Canada Hits 2% Target for First Time Since 2021

Inflation in Canada fell to the slowest yearly pace since February 2021 and core measures continued to ease, keeping the door open for larger interest rate cuts from the Bank of Canada.

The Wall Street Journal on MSN · 2d

Canada Inflation Eases Back to Central Bank Target in August

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 rates.

Bank of Canada Gov: AI Investments Could Add Short-Term Inflationary Pressure

OTTAWA--Investments in productivity-enhancing artificial intelligence are boosting demand in the economy, and that could put upward pressure on inflation in the short term, Bank of Canada Gov. Tiff ...

2don MSN

Canada’s inflation drops to 2% in August, signalling economic stability amid housing concerns

Canada's annual inflation rate fell to 2% in August 2024, its lowest level since February 2021, making a surprising event for ...

13m

Gas prices in Canada snap six-week stretch of declines

The nationwide average for regular fuel added 0.7 cents per litre between Sept. 12 and Sept. 19, according to data from ...

4don MSN

Nigerian inflation falls for second month in August

Nigeria's inflation rate fell for a second consecutive month in August, down to 32.15% year-on-year from 33.40% in July, ...

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