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The Chained Consumer Price Index C-CPI-U, a chained index, has been introduced. The C-CPI-U tries to mitigate the substitution bias that is encountered in CPI-W and CPI-U by employing a Tornqvist formula and utilizing expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item ...
The Canadian dollar strengthened for a second day against its U.S. counterpart on Tuesday as hotter-than-expected domestic inflation data spurred investors to reduce bets on another outsized ...
1991 Canadian federal budget None [note 2] 1991–92 26 February 1990 1992 Canadian federal budget None [note 2] 1992–93 25 February 1992 Don Mazankowski PC: 1993 Canadian federal budget None [note 2] 1993–94 26 April 1993 C-9: Royal Assent (12 May 1994) [2] Adopted on division 1994 Canadian federal budget None: 1994–95 22 February 1994 ...
Morgan Stanley's economics team moved up their core PCE inflation forecast for December following the release. The firm now believes prices increased 0.23% month over month in December, up from ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
The Consumer Price Index (CPI) revealed headline inflation rose 0.1% over last month and 4% over the prior year in May, a slowdown from April's 0.4% month-over-month increase and 4.9% annual gain.
List of Recessions in Canada [2]; Name Start End The Great Depression: April 1929 February 1933 Recession of 1937–1938: November 1937 June 1938 [3]: Recession of 1949
Even as price pressures eased from the 9.1% peak of the current inflation cycle, last month's reading marked the second-hottest December CPI print since 1981, topped only by 7.1% in December 2021.