Headline inflation declines again, OECD says
Food inflation in retreat, energy price pressures negative
- By: James Langton
- December 5, 2023 December 5, 2023
- 12:25
Food inflation in retreat, energy price pressures negative
Bitcoin has surpassed US$41,000 for the first time since April 2022
Every one-percentage-point increase in the share of Airbnbs was associated with a 2.3% increase in rents, a report found
Most of the surveyed economists expect inflation to continue to slow in 2024
Canadian economy added a modest 25,000 jobs in the month
Job vacancies continue their steady decline
Economists expect Bank of Canada to remain on hold amid economic weakness
With the weakening economic outlook, the European Central Bank is expected to hold rates in December
Financial advisors less likely to recommend investing in crypto assets this year compared to last year
U.S. prices were unchanged from September to October
Staffing issues led some employers to work more hours, reduce hours of operation and refuse services contracts
Swing to surplus in goods trade curbs deficit, led by higher oil prices
Bank of Canada survey suggest top concerns are privacy and low levels of trust in institutions to protect personal data
The organization projects that recessions will be avoided "almost everywhere"
Consumer spending puts economy on track for 5.2% annual growth, up from 4.9% estimated last quarter
The remarks on Tuesday suggested the Fed's outlook for interest rates may have decisively shifted in the past few months
The Conference Board's consumer confidence index rose to 102 from 99.1 in October
Rating agency expects 100 basis points of rate cuts next year
Deaths from Covid-19 reached their highest level in 2022