BEYOND THE HEADLINES: December CPI Inflation Rate by Jordan Lee

Thursday Jan 18th, 2024

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BEYOND THE HEADLINES: December CPI Inflation Rate by Jordan Lee

Hello my friends :) As we have all heard by now, Canada’s inflation rate has increased in the month of December to 3.4% from 3.1% in November  Before we freak out, let’s take a deeper dive into what that really means… WHAT CAUSED THE INCREASE? The headline inflation rate ticked up from 3.1% in November, largely because of a sharper decline in gasoline prices a year ago compared with last month. Economists were widely expecting this rise due to a base... [read more]

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