Composite leading index slips in December
November sales drop in five largest industry groups
Raw materials take record drop in November
Falling interest rates, inflation and energy prices offer consumers relief
Third-straight monthly decline
Canada’s inflation rate tumbled to 2% in November as recession-ravaged businesses cut prices to keep customers coming, Statistics Canada reported Friday.The national consumer price index increase dropped to 2% in the month compared with October’s 2.6% figure. November’s reading represented an even larger drop compared with the September CPI of 3.4%.“The slowdown in November was […]
Leading indicator slides for third straight month
Housing starts tumble to record low
Net foreign debt falls, led by Canadian direct investment abroad
Fifth straight quarterly decline in the manufacturing sector