Canada, December and inflation

Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought down prices of alcohol, restaurant foods and children's clothing.
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%.
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 contributing to a price decline across several categories, Statistics Canada said Tuesday.
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,
Inflation slows ahead of Bank of Canada’s 1st rate decision of 2025
The Bank of Canada will be poring over the latest inflation figures ahead of its first interest rate decision of the year, set for Jan. 29.
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.
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%.
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.
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.
Bank of Canada's job 'far from done': What economists are saying about today's inflation data
“The Bank of Canada’s job is still far from done even after the cumulative 175 basis points of rate cuts from the five per ...
With 25% tariffs on Canada & Mexico looming, DB forecasts effect on U.S. inflation
Deutsche Bank on Tuesday forecasted the effects of 25% tariffs on Canada and Mexico on U.S. inflation. Read more here.
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 MSN22h
Loblaw says grocery price growth to remain elevated in its own inflation report
Loblaw says a confluence of factors including a weak loonie mean grocery prices will continue to rise faster than overall ...
Interest rates won't fall as fast as expected if tariffs stoke inflation, UBS CEO says
And therefore I don't see rates coming down as fast as people believe," Ermotti told CNBC. Freshly inaugurated U.S. President Donald Trump has threatened to impose 25% tariffs on Mexico and Canada, ...
Trump announces 25% tariffs on Canada and Mexico, tempers China plan
Trump threatened tariffs of as much as 60% on China during his campaign but has tempered his plans. Canada and Mexico are now ...
Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll
The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, ...