Consumer Price Index

• Inflation rate dropped to 3.4% in May. What that means for the Bank of Canada

  The 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.

  Money

  Jun 27
  
• 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.

  Money

  Jan 12
  
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• 3.9% tax increases annually in Edmonton’s proposed 2023-2026 operating budget

  The 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.

  Consumer

  Nov 3, 2022
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• Food prices soared in September even as inflation slowed overall

  Statistics 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.

  Economy

  Oct 19, 2022
• Inflation slowed on lower gas prices in August, but cost of food still surging

  The latest Consumer Price Index showed annual inflation slowed in August as Statistics Canada said prices at the gas pumps continued to fall.

  Economy

  Sep 20, 2022
• U.S. inflation slowed to 8.3% in August amid lower gas prices

  Even 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.

  Economy

  Sep 13, 2022
• Lower economic growth necessary to bring inflation down: BoC senior deputy governor

  Bank 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.

  Canada

  Sep 8, 2022
• U.S. Fed chair signals ‘pain’ ahead; more rate hikes needed to tame inflation

  Signs 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.

  Economy

  Aug 26, 2022
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• Increasing rental pressure in Edmonton and Calgary means higher prices and lower vacancy

  Have 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.

  Canada

  Aug 17, 2022
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• Inflation climbed even higher in June amid ‘reopening effect’, economists predict

  Statistics 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.

  Economy

  Jul 17, 2022