-
Consumer Price Index, March 2023
The Consumer Price Index (CPI) rose 4.3% year over year in March, following a 5.2% increase in February. This was the smallest increase since August 2021 (+4.1%). On a year-over-year basis, Canadians paid more in mortgage interest costs, which was offset by a decline in energy prices. As a result of the steep monthly increase in prices in March 2022 (+1.4%), base-year effects, notably gasoline prices, continued to have a strong downward impact on consumer inflation, contributing to the year-over-year deceleration in March 2023. Excluding food and energy, prices were up 4.5% year over year in March, following a 4.8% ... (full story)
- Comments
- Subscribe
-
- Older Stories
From youtube.com/business|Apr 18, 2023Switzerland’s secret bank accounts and political neutrality turned the small Alpine nation into a financial giant. Now the demise of Credit Suisse, one of its two big banks, has ...
From xm.com|Apr 18, 2023GBPUSD bulls’ upside breakout proved short-lived. They managed to record a higher high of 1.2546 on April 14, 2023, but the pair has returned back inside the rectangle that has ...
From channelnewsasia.com|Apr 18, 2023|1 commentThe Bank of Japan (BOJ) is buying Japanese government bonds (JGBs) as part of efforts to achieve its 2 per cent inflation target, not to monetise debt, Governor Kazuo Ueda said on ...
-
- Newer Stories
From census.gov|Apr 18, 2023The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for March 2023. ...
From poundsterlinglive.com|Apr 18, 2023The economic recovery in China appears to be gaining traction as GDP expanded by a stronger-than-expected 4.5% in the first quarter of 2023, beating forecasts of 4.0%. At a ...
From @DeItaone|Apr 18, 2023|3 commentstweet at 9:00am: BULLARD: US RECESSION PREDICTIONS IGNORE STRENGTH OF LABOR MARKET, PANDEMIC SAVINGS STILL TO BE USED tweet at 9:00am: FED'S BULLARD: NOT MUCH CLEAR PROGRESS ON INFLATION MEANS INTEREST RATES NEED TO CONTINUE TO RISE - REUTERS INTERVIEW tweet at 9:00am: BULLARD STILL SEES ADEQUATELY RESTRICTIVE POLICY RATE AT 5.50%-5.75% RANGE, BIAS TO HOLD FOR LONGER UNTIL INFLATION CONTAINED tweet at 9:00am: BULLARD: FED SHOULD AVOID EXTENSIVE FORWARD GUIDANCE AT NEXT MEETING, KEEP OPTIONS OPEN tweet at 9:02am: FED'S BULLARD: NOT MUCH CLEAR PROGRESS ON INFLATION MEANS INTEREST RATES NEED TO CONTINUE TO RISE - REUTERS INTERVIEW
- Story Stats
- Posted: Apr 18, 2023 8:30am
- Submitted by:Category: High Impact Breaking NewsComments: 0 / Views: 2,385
- Linked events:
