Canada, inflation

Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Karen Vasquez, 44, walked out of jail in Cuba on Sunday, part of a deal brokered by the Vatican under which the Biden administration would loosen sanctions on the communist-run island, while Havana would release more than 500 people from its jails who are considered political prisoners by Washington.
Canada’s inflation rate drops to 1.8% in December as sales tax break eases consumer prices
Canada’s inflation rate fell to 1.8% in December, a surprising drop. This decrease is largely due to a sales tax break introduced mid-month, which reduced the cost of goods like alcohol, restaurant meals,
Canada Inflation Eases to 1.8% Thanks to Tax Break
Stripping out the effects of the tax holiday, annual inflation ticked up for December to 2.3%.
Inflation fell to 1.8 per cent in December, in part from GST tax break
OTTAWA — Canada’s annual inflation rate fell to 1.8 per cent in December, thanks in large part to the federal government’s temporary tax break. Statistics Canada’s consumer price index report on Tuesday said restaurant food purchases and alcohol bought from stores contributed the most to the deceleration.
Instant View: Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%. Market reaction: [CAD/] Link: COMMENTARY DOUG PORTER,
Canada's inflation rate edged down to 1.8% in December as GST break kicked in
Canada's annual inflation rate slowed to 1.8 per cent in December after rising 1.9 per cent in Novem ber, as the temporary GST tax break brought down the price of restaurant meals, alcohol and toys. Economists polled by Reuters had expected inflation to remain unchanged at 1.9 per cent last month.
Canada's inflation rate fell to 1.8% in December, with prices declining during GST break
Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada said Tuesday.
Inflation in Canada Eases to 1.8% on Trudeau Sales Tax Break
For the first time since 2019, Canadian inflation stayed within the central bank’s target range for a full year, a mark of achievement for policymakers ahead of a potential tariff war that threatens to derail their progress.
VIEW Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%.
Canada Inflation Dipped In December To 1.8%
Canadian inflation fell 0.1 percentage points to 1.8 percent in December as a brief sales tax holiday on selected consumer goods kicked off, the government statistical agency said Tuesday.
Statistics Canada: Inflation slows to annual rate of 1.8% in December
Statistics Canada released the latest inflation numbers for December earlier today and they came in lower than expected .. at 1-point-8 per cent. CBC's Scott Peterson has more.
Inflation rate ticks down on GST holiday, with likely BoC rate cut ahead
December’s inflation results were heavily influenced by the GST tax break on some items that took effect halfway through the ...
The Canadian Press on MSN2d
Inflation data likely to show further slowing, partly due to GST break: economists
Economists expect fresh data this week will reveal inflation slowed further in December, paving the way for the Bank of ...
Alberta consumers still feel the pinch from high inflation rate
The latest numbers from Statistics Canada show the inflation rate in Alberta remains amongst the highest in Canada at 2.5 per cent in December of 2024, compared to a year earlier.