Inflation fell back to 1.2% in January, which is not too shabby, given the high prices of gas, heating, and electricity. In December, it was 1.6%, so it dropped, which is great news for the Consumer.
Lower gasoline prices seem to be helping keep inflation lower, even though housing and food prices are both fairly high these days. Inflation is highest in Alberta, but it is a classic example of an overheating economy.
Alcoholic beverages are going up in price, too, which doesn’t make me happy, but I guess since it’s Lent, it doesn’t matter right now.
Inflation and CPI for 2007
- Consumer Price Index Up! December 2006 - First time I wrote about this topic.
- Inflation at 1.2% in Canada for January 2007
- So much for the good news… CPI for February 2007
- May 2007 Inflation: Steady at 2.2%
- Inflation Steady at 2.2% for June 2007
- Inflation and CPI Under Control For July 2007
- Inflation at 1.7%, Holy Cow! August 2017
- Flash: Inflation in September at 2.5%
- CPI for October 2007 at 2.4%
- Inflation at 2.5% Core Inflation still in check? November 2007
- Last Year’s Inflation 2007 Officially 2.2%
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