Inflation in Canada - Search News

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Canada's annual inflation rate in August rises less than expected

Canada's annual inflation rate rose 1.9% in August as petrol prices on a yearly basis fell at a slower pace than the previous month and food prices were up slightly, data showed on Tuesday. The annual inflation rate has been largely distorted by the cancellation of the carbon levy on petrol sales,

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Bank of Canada expected to cut interest rates after last-minute inflation report

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Bank of Canada cuts interest rate for 'weakening economy'

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Instant View: Analysts react after Fed cuts interest rates by quarter of a percentage point

The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to con...

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Fed Cuts Rates 25 Basis Points; Mortgage Rates Fall to 2025 Low

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Instant view: Bank of Canada cuts benchmark interest rate by 25 basis points

Canada Inflation Picks Up to 1.9% in August but Remains Below Central Bank’s Target

The pace of inflation in Canada picked up last month but with no flare-up in underlying price pressures, expectations remain high the central bank will resume cutting interest rates this week.

Canadian inflation rose to 1.9% in August, Statistics Canada reports

The annual rate of inflation climbed to 1.9 per cent from 1.7 per cent in July, Statistics Canada reported Tuesday. Many experts expected inflation to come in slightly higher at two per cent in August.

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Canada’s inflation rate ticked up slightly in August: StatCan

The Consumer Price Index, measuring inflation for consumer goods and services, was measured at 1.9 per cent in August by Statistics Canada.

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Canada's inflation rate rose to 1.9% in August

Canada's annual inflation rate rose to 1.9 per cent in August, Statistics Canada said on Tuesday, the final piece of economic data to be released before the Bank of Canada's next interest rate decision.

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'Unthreatening' inflation reading makes Bank of Canada rate cut tomorrow 'obvious course of action'

Inflation ticked up to 1.9% in August as gas prices eased less and food costs climbed, but most economists are still betting on a Bank of Canada rate cut Wednesday.

Inflation ticks up to 1.9% in August, short of economists’ expectations

Some stubbornness at the gas pumps pushed the headline inflation rate a couple ticks higher to 1.9 per cent in August, Statistics Canada said Tuesday.

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Bank of Canada lowers interest rate to 2.5% in first cut since March

The Bank of Canada lowered its key interest rate by 25 basis points to 2.5 per cent on Wednesday, marking its first cut since March.

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Canada's Inflation Roller Coaster: What August Numbers Reveal

Canada's inflation increased to 1.9% in August, driven by a slower decline in petrol prices and a slight rise in food prices. Economists focus on core inflation for trends as the carbon levy removal distorts data.

Instant View: Canada's Annual Inflation Rate in August Rises Less Than Expected

TORONTO (Reuters) - Canada's annual inflation rate rose 1.9% in August as petrol prices on a yearly basis fell at a slower pace than the previous month and food prices were up slightly, data showed on Tuesday. DEREK HOLT, VICE PRESIDENT OF CAPITAL MARKETS ECONOMICS AT SCOTIABANK