Statistics Canada inflation Archives - Page 2 of 2 - Mortgage Rates & Mortgage Broker News in Canada

Inflation rises more than expected in August, keeping BoC rate hikes in play

September 19, 2023 No Comments

Inflation heated up more than expected in August, raising the odds of yet another Bank of Canada rate hike in October.

Bank of Canada won’t be pleased with July inflation data, but rate hold still expected

August 15, 2023 No Comments

Economists say the Bank of Canada likely won’t be pleased with July’s headline inflation reading, which came in hotter than expected.

Inflation falls below 3%, but core measures still proving “sticky”

July 18, 2023 No Comments

Canada’s headline inflation reading took another step towards the magic 2% figure by slowing to an annual rate of 2.8% in June.

Inflation accelerated in April. Could that open the door to further rate hikes?

May 16, 2023 1 Comment

Canada’s headline inflation reading ticked up in April, ending a five-month deceleration streak.

Core inflation rose in Canada in November

BoC rate hikes among the leading contributors of inflation now due to mortgage costs

April 21, 2023 3 Comments

The country’s inflation rate may be coming down, but there are still some parts of the economy exerting upward pressure, including, ironically, high inflation rates.

Sharp drop in inflation suggests interest rates have peaked: ING

March 22, 2023 1 Comment

For the second straight month, Canada’s headline inflation rate surprised to the downside, all but guaranteeing another Bank of Canada rate pause at its April 6 meeting.

High rent, mortgage rates keeping upward pressure on inflation

January 17, 2023 1 Comment

Canada’s inflation rate continued to ease in December, despite upward pressure from rising rents and mortgage interest costs. The Consumer Price Index eased to an

“Sticky” core inflation raises the odds of a January rate hike: economists

December 21, 2022 1 Comment

Canada’s headline inflation reading continued to fall in November, but core inflation rose, increasing the potential for an additional Bank of Canada rate hike in January.

“Sticky” inflation raises the odds of another 75-bps rate hike

October 19, 2022 No Comments

Markets raised the odds of another 75-bps rate hike by the Bank of Canada next week following the release of September’s inflation data.

Statistics Canada inflation