core inflation measures

Canada’s inflation rate hits 2% target, reaches lowest level in more than three years

Canada’s inflation rate hits 2% target, reaches lowest level in more than three years

Sep 17, 2024 | 6:57am
Canada’s inflation rate fell to two per cent last month, finally hitting the Bank of Canada’s target after a tumultuous battle with skyrocketing price growth. The annual inflation rate fell from 2.5 per cent in July to reach the lowest level since February 2021. Statistics Canada’s consumer price index report on Tuesday attributed the slowdown […]

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