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Maintaining Profits economic growth chart businessmen illustration

Rising gasoline prices helped push the consumer price index to its highest reading since 2011

  • By: Craig Wong
  • August 17, 2018 August 17, 2018
  • 12:25
Maintaining Profits economic growth chart businessmen illustration

Economy shows resilience as retail sales grow

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%

Male hand with pen on the investment chart with calculator and canadian dollars

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

Businessman hand showing financial report on table

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