Sunday 20 September 2015

2015-04 Latest inflation data

Here are the latest data on inflation (from August 2015):
Inflation = 1.3%
Food inflation = 3.6%
Gasoline inflation = -12.6%
Core inflation = 2.1% (was 2.4% last month)
Goal - inflation between 1% and 3%, preferably close to 2%
Bank of Canada thinks there were temporary factors that raised the inflation rate, in particular the depreciation of the Canadian dollar

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