Month-over-month inflation rates fell by -0.3% in retail and -4.5% in restaurants. But this does not mean food became genuinely cheaper. Quite the opposite. The GST holiday’s impact has created a ...
Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday contributing to a price ...
Stripping out the effects of the tax holiday, annual inflation ticked up for December to 2.3%.
Canadian consumers appear to have embraced falling interest rates and ended the holiday season with the strongest spending in nearly two years.
Canada’s inflation rate dropped to 1.8 per cent in December from 1.9 per cent a month earlier, as the impact from a temporary ...
The Bank of Canada will be poring over the latest inflation figures ahead of its first interest rate decision of the year, set for Jan. 29.
Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.
December’s inflation results were heavily influenced by the GST tax break on some items that took effect halfway through the ...
Despite the decline, Tuesday’s Statistics Canada data reveals B.C. has the highest rate of inflation among all provinces. The ...
“The Bank of Canada’s job is still far from done even after the cumulative 175 basis points of rate cuts from the five per ...
Canadian inflation fell 0.1 percentage points to 1.8 percent in December as a brief sales tax holiday on selected consumer goods kicked off, the government statistical agency said Tuesday.
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...