In January, consumer prices increased a seasonally adjusted 0.5% over the previous month, which contrasted the 0.2% decrease seen in December. The monthly price rise mainly reflected higher prices in the transportation category, in particular those of fuel. Annual headline inflation edged up from 2.3% in December to 2.5% in January, which came in above market expectations of a 2.3% increase. Currently, inflation remains within the Central Bank's 2.0% 1.0 percentage point tolerance margin. Annual core inflation, which excludes volatile items such as gasoline and fresh food, rose from 1.9% in December to 2.1% in January. The Bank of Canada expects headline inflation to average 1.8% in 2012 and 1.9% in 2013.
Inflation edges up in January
February 17, 2012
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Canada Economic News
October 11, 2016
The Teranet-National Bank National Composite House Price index rose 0.7% in September from the previous month, which followed the 1.5% increase in August.
October 8, 2016
Seasonally-adjusted annualized housing starts registered 220,600 units in September, according to the government-owned Canada Mortgage and Housing Corporation (CMHC).
October 7, 2016
The Ivey Purchasing Managers’ Index (PMI), sponsored by the Richard Ivey School of Business and the Purchasing Management Association of Canada, increased a seasonally-adjusted 6.1 points in September, rising from 52.3 in August to 58.4.
September 30, 2016
In July, GDP grew a strong 0.5% over the previous month in seasonally-adjusted terms.
September 23, 2016
In August, seasonally-adjusted consumer prices recorded a 0.1% decrease over the previous month, which was down from the flat figure recorded in July and marked the lowest reading in six months.