Guidelines aim to help planners make long-term projections
Core inflation readings rose by 2%
The consumer price index rose 1.9% compared to a year ago
The consumer price index climbed 1.5% compared with a year ago
Economists on average had expected an increase of 1.5%
The increase is likely due in part to a change in methodology
Weaker gasoline prices help deliver lowest inflation reading in a year
Increase fuelled by higher costs for gas, airline tickets
Inflation report comes ahead of the Bank of Canada’s interest rate decision next week
Case for interest rate hike builds with resilient inflation data: analysts