Consumer Price Index
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Inflation rate dropped to 3.4% in May. What that means for the Bank of CanadaThe Bank of Canada is likely to be watching the May inflation report closely. Here's what it could mean for the central bank's next interest rate decision in July.MoneyJun 27
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U.S. inflation eases again. Will 2023 be a ‘year of disinflation’?Inflation eased to 6.5 per cent in December compared with 12 months earlier, the government said Thursday, and even declined month-to-month.MoneyJan 12
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3.9% tax increases annually in Edmonton’s proposed 2023-2026 operating budgetThe city said the increase means a household would pay approximately $718 in municipal property taxes for every $100,000 of their assessed home value in 2023.ConsumerNov 3, 2022
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Food prices soared in September even as inflation slowed overallStatistics Canada says that while cheaper gas brought down the overall inflation rate in September, grocery store food prices soared at a pace not seen in 41 years.EconomyOct 19, 2022
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Inflation slowed on lower gas prices in August, but cost of food still surgingThe latest Consumer Price Index showed annual inflation slowed in August as Statistics Canada said prices at the gas pumps continued to fall.EconomySep 20, 2022
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U.S. inflation slowed to 8.3% in August amid lower gas pricesEven if U.S. inflation peaks, economists expect it could take two years or more to fall back to something close to the Fed's annual two per cent target.EconomySep 13, 2022
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Lower economic growth necessary to bring inflation down: BoC senior deputy governorBank of Canada's senior deputy governor said the journey back to two per cent inflation will take time and a that period of lower economic growth is necessary to lower inflation.CanadaSep 8, 2022
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U.S. Fed chair signals ‘pain’ ahead; more rate hikes needed to tame inflationSigns that U.S. inflation eased in July as energy prices dropped could open the door to less aggressive interest rate hikes from the Federal Reserve.EconomyAug 26, 2022
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Increasing rental pressure in Edmonton and Calgary means higher prices and lower vacancyHave you been looking for a place to rent in Edmonton or Calgary? Do you feel like there are fewer options and higher prices? You're right.CanadaAug 17, 2022
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Inflation climbed even higher in June amid ‘reopening effect’, economists predictStatistics Canada will release inflation data for June on Wednesday, a week after the Bank of Canada raised its key interest rate by a full percentage point.EconomyJul 17, 2022
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