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Maintaining Profits economic growth chart businessmen illustration

Unexpectedly weak data on inflation, retail sales cloud central bank’s next step

Maintaining Profits economic growth chart businessmen illustration

Core measure above 2% for first time in six years

Financial business chart and economic development

Poloz highlights headwinds facing the Canadian economy as another reason for holding the line on rates.

Pump prices, airline tickets help propel Canada’s annual inflation rate to 2.3%

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An aging population that takes on less debt is less sensitive to changes in interest rates

Maintaining Profits economic growth chart businessmen illustration

The main driver that pushed up year-over-year consumer prices in February was the higher cost of gasoline

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Core inflation continues to heat up, reinforcing expectations the Bank of Canada will continue raising interest rates

The 0.1% gain followed a sharper 0.4% increase in November

The November inflation reading followed a 1.4% increase in consumer prices in October

The consumer price index was up 1.4% in October compared with a year ago, following a 1.6% increase in September

  • By: Craig Wong
  • November 17, 2017 November 17, 2017
  • 12:30