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Inflation

March 2022 Inflation

Inflation at 1.1%, That is Low for February

Gasoline prices have been fluctuating wildly in the past few months. Check out the Gas Price Index to find out why Inflation has been low and what could trigger the Bank of Canada’s reaction. Stats Canada’s Consumer Price Index for February 2014 showed a year-over-year Inflation of 1.1%. Find out what effect this may have on Inflation. Enbridge’s 40% Natural Gas jump and Ontario’s Hydro price increases have the potential to influence Inflation. Learn why Gasoline is a major factor in Inflation and how it may affect our economy. Lower Inflation was partly attributed to Gasoline prices dropping in February 2014. Find out more in this blog post.

Canada Inflation August 2013 rendered by ChatGPT

August 2013 CPI Report: How Gasoline and Food Impacted Canadian Inflation

In August 2013, Canada’s inflation rate eased to 1.1% year-over-year, according to Statistics Canada, down slightly from July’s 1.3%. Key influences included lower gasoline prices and slowing increases in passenger vehicle costs. Food prices continued their steady rise, affecting family budgets, while the Bank of Canada’s core inflation rate held at 1.3%. This article provides detailed CPI and core index breakdowns, along with insights into how fluctuating fuel prices impact the broader economy. Though historical, this snapshot of consumer price trends offers valuable lessons on inflation, interest rate expectations, and cost-of-living dynamics in Canada.

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