Canadian Inflation Hits BoC Limit As Broad Price Pressures Accelerate

Rising prices are starting to push inflation to the boundary of the central bank’s comfort zone. Statistics Canada’s (StatCan) Consumer Price Index (CPI) shows growth accelerated in July. The upward pressure is primarily attributed to gas prices, but most components accelerated. The only thing keeping inflation in check is housing, apparently. Canadian Inflation Accelerates To […]
The post Canadian Inflation Hits BoC Limit As Broad Price Pressures Accelerate appeared first on Better Dwelling.
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