Canada’s CPI growth slowed to 2.0% yoy in August, down from 2.5% yoy in July, and below market expectations of 2.1%—marking the slowest pace since February 2021. This deceleration is largely attributed to decline in gasoline prices, driven by a combination of lower fuel prices and a base-year effect. Excluding gasoline, CPI still eased to […]
The post Canada’s CPI slows to 2% in Aug, lowest since Feb 2021 appeared first on Action Forex.
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Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 taxes — even though it’s the smallest increase in several years. On October 22, 2024, the IRS announced its inflation-adjusted tax Read more…
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