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Inflation

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Consumer prices on the rise: Statistics Canada

Mario Toneguzzi -
The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in August, up from a 1.7% increase in July, according to a Statistics Canada report.
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Annual inflation rate rises 1.7% in July: Statistics Canada

Mario Toneguzzi -
Prices for gasoline led the slowdown in the all-items CPI, falling 16.1% year over year in July, following a 13.4% decline in June, said Statistics Canada.
News

Loblaw: Local produce to ease food inflation this summer

Mario Toneguzzi -
Canadians have historically seen some relief at the register on fresh products in the summer, said Loblaw.
News

Consumer prices on the rise: Statistics Canada

Mario Toneguzzi -
Gasoline prices in May remained below May 2024 levels, primarily due to the removal of the consumer carbon levy, noted Statistics Canada.
News

Food inflation continues to outpace Consumer Price Index: Loblaw

Mario Toneguzzi -
Manufacturers are looking for ways to keep prices down for customers, including by shifting supply chains to by-pass the U.S., says Loblaw
News

Annual inflation 1.7% in April: Statistics Canada

Mario Toneguzzi -
Prices for food purchased from stores have been increasing at a faster rate than the all-items CPI for three consecutive months, says Statistics Canada.
Quick Reads

Annual inflation rate eases in March: Statistics Canada

Mario Toneguzzi -
The year-over-year slowdown in the all-items CPI was driven by lower prices for travel tours and gasoline in March, said Statistics Canada.
Quick Reads

Canadian Consumer Price Index sees modest rise in January, driven by energy costs: Statistics Canada

Mario Toneguzzi -
The food component of the CPI dropped by 0.6% in January, marking the first annual decline since May 2017, says Statistics Canada.
News

Sticker shock: How inflation is impacting back-to-school shopping in Canada in 2024

Shelby Hautala -
Jeff Doucette says inflation is significantly impacting back-to-school shopping for families, with 73% of consumers reporting harder hits this year, leading to budget-conscious decisions like reusing items, seeking value at stores like Walmart and Dollarama, and prioritizing cost over sustainability.
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