Canada’s inflation rate cools to 2% in August, hitting Bank of Canada’s target
Canada’s annual inflation rate was 2.0 per cent in August, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets):
Canada's annual inflation rate reached the central bank's target in August at it cooled to 2 per cent, its lowest level since ...
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Canada's annual inflation rate fell to 2% in August 2024, its lowest level since February 2021, making a surprising event for ...
(Bloomberg) -- Inflation in Canada fell to the slowest yearly pace since February 2021 and core measures continued to ease, keeping the door open for larger interest rate cuts from the Bank of ...
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
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