TSX:AX.PR.E - Post by User
Post by
Torontojayon Aug 20, 2024 8:56am
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Post# 36187490
Canada’s inflation rate softened
Canada’s inflation rate softened Primarily due to the base effect.
M/m inflation print was 0.433% which exceeds their inflation target of 2%.
3 month annualized inflation rate is ~ 3.78% percent hitch is classic stagflation when you couple that with higher unemployment rate and low growth.