Economists expect Canadian inflation cooled down in December.
Canada's consumer price index for last month will be released on Tuesday by Statistics Canada. Economists tracked by Bloomberg expect that inflation rose 6.4 per cent on a year-over-year basis in December, a slight decline from the 6.8 per cent figure reported in November.
Janzen said December's decline is likely driven by a drop in gasoline prices, which fell 13 per cent on a month-over-month basis in December. However, Janzen said it expects shelter costs to remain elevated due to the high-interest rate environment.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Resilient economy may muddle inflation fight, recession still expected: economistsHistory shows a recession has been unavoidable after interest rates rise this fast. Find out more.
اقرأ أكثر »
Resilient economy may muddle inflation fight, recession still expected: economistsHistory shows a recession has been unavoidable after interest rates rise this fast. Find out more.
اقرأ أكثر »
The Week Ahead: Canadian inflation data, BoC Business Outlook Survey - BNN BloombergA look at what investors will be watching in the upcoming week.
اقرأ أكثر »
Gross compensation at Canadian dealerships grew faster than inflation in 2022Dealership staff grossed about 13.5 per cent more total compensation in 2022 than in 2020, besting inflation of about 12 per cent. Indicators suggest that’s unsustainable
اقرأ أكثر »
Most Canadian businesses expect mild recession, see inflation staying higher for longer: BoC surveyBusiness sentiment continued to weaken in the fourth quarter and expectations for slower sales growth increased for a fourth consecutive quarter, the Bank of Canada survey said
اقرأ أكثر »
‘Fear factor’ sees Canadians cutting back from travel to food as economists say inflation likely eased in DecemberSpending on restaurants, recreation hit hardest, with almost 90 per cent cutting back, while almost 60 per cent said they’d pared their spending on groceries.
اقرأ أكثر »