TORONTO – Inflation in Canada increased in August, but less than some economists expected. However, the price rise continues. According to data released today by Statistics Canada (here the whole report), inflation for consumer goods and services, measured by the consumer price index, was 1.9% in August compared to the same month last year. Economists, as we said, had expected a slightly higher rate: 2%, up from 1.7% in July. →
TORONTO – In almost every neighbourhood in Toronto and the GTA, homes sold for below asking prices last month, according to a report by Wahi, a real estate analytics firm. “In August, the share of neighbourhoods in underbidding territory across the region matched a three-year high” said Wahi’s Josh Sherman. According to the report, released on September 4 (and available here), 98% of GTA neighbourhoods with at least five home sales during the month were underbid in August, up from 95% in July and 89% a year ago. →
TORONTO – Statistics Canada conferma quasi in toto le previsioni degli esperti: lo stop alla carbon tax per i consumatori ha fatto calare sensibilmente l’inflazione ad aprile, portando il tasso annuo all’1,7% dal 2,3% di marzo: si tratta di un dato leggermente superiore all’1,6% previsto nei giorni scorsi dagli economisti…
TORONTO – Statistics Canada almost entirely confirms the experts’ forecasts: the end of the consumer carbon price has significantly reduced the inflation in April, bringing the annual rate to 1.7% from 2.3% in March: this is slightly higher than the 1.6% forecast by economists in recent days. →
TORONTO – Statistics Canada is scheduled to release tomorrow its April consumer price index data. The new inflation reading comes two weeks before the Bank of Canada’s next interest rate decision, scheduled for June 4. And the forecast – made last Friday by economists at LSEG Data & Analytics – predicts that April inflation will fall to 1.6%. Same forecast comes from RBC’s experts: annual inflation will fall to 1.6% in April from 2.3% in March. →
