Overall inflation slowed to 2.9 per cent in January, which was within the Bank of Canada’s target rate. Much of that was due to gas prices not climbing as quickly as they were the previous year. In Business Matters for Tuesday Feb. 20, Anne Gaviola has more on why food inflation and grocery prices are also moderating.
Bank of Canada
Business Matters: Canada’s inflation slows to 2.9%, mostly due to gas prices
More Videos
-
Bank of Canada holds interest rates steady as Trump tariffs remain threat to economy
-
Bank of Canada cuts interest rate to 2.25% as US tariffs weakened economy: Macklem
-
Business Matters: Nvidia’s market cap hits record US$5 trillion
-
Business Matters: Will Bank of Canada cut interest rates again this week?
-
Business Matters: Canada adds 60,000 jobs in September as manufacturing rebounds
-
Canada’s key interest rate slashed by quarter-point to 2.5%
You are viewing an Accelerated Mobile Webpage.
View Original Article