Canada Annual Inflation Rate Advances 1.6% in April

20 Mai, 2017, 03:24 | Author: Claudine Rigal
  • Food prices fell for the seventh consecutive month in Canada in April Statistics Canada says

Mirroring the national trend, Ottawa's inflation rate also stood at 1.6 per cent for the second straight month. The Bank of Canada sets rate policy to achieve and maintain 2% inflation. Five others saw their inflation rate decline, whole three experienced an increase in inflationary pressures.

Aside from food, clothing and footwear was the only sector to see prices drop in the past year, by two per cent.

The annual inflation rate held at 1.6 percent, just missing economists' forecasts of an uptick to 1.7 percent, while the measures of core inflation the Bank of Canada set past year remained muted. Stripping out the effect of price changes, volumes climbed 1.2 per cent.

The cost of kids' clothing was 6.2 per cent lower and women's clothes cost 2.8 per cent less in April compared with a year earlier. The indicators are created to strip away more volatile components of the report, and are closely scrutinized by the Bank of Canada.

Tite convoque Jemerson et David Luiz — Brésil
Ce vendredi, Tite , le sélectionneur du Brésil, a annoncé sa liste de joueurs sélectionnés pour les matchs amicaux de juin. Marquinhos n'est bien sûr pas mis de côté à cause d'un problème de performance, mais pour être laissé au repos.


After Special Counsel Named, Trump Reacts: 'Greatest Witch Hunt' In Political History
The White House, however, said initially that it was Rosenstein's memo on May 9 that led to Mr. A selloff in US stocks looked set to extend into its second day on Thursday.


Trump Denies Comey Allegations, Collusion with Russian Federation
The day after the Flynn conversation [between Trump and Comey], Reince Priebus, the White House chief of staff, asked Mr. Jim Banks (R-Ind) gave when asked if the appointment of special counsel Robert Mueller was evidence of a witch hunt.


The CPI (Consumer Price Index) common, which the central bank says is the best gauge of the economy's underperformance, held at 1.3 percent.

Statistics Canada is also releasing retail trade numbers that show total sales in March delivered a larger than expected rebound to increase by 0.7 per cent following a month-over-month contraction of 0.4 per cent in February.

Total retail trade in March was almost $48.3 billion thanks to stronger sales at motor vehicle and parts dealers, which was mostly due to an increase in new auto purchases.

The gain in retail sales suggests that the economy is continuing to be supported by consumers, said Jimmy Jean, senior economist at Desjardins.

Conseillé:



Populaire

Which Player Will Win the 2018 World Cup Golden Boot?
His Real Madrid side played quite poorly this season and he has been dealing with large shares of the criticism himself. This is something which will only further his playing career and his first accolade may come as soon as this summer.

Congress calls on Election Commission to reconsider opinion about EVMs
The Election Commission earlier in the day convened an all-party meeting over the issue of EVM and other electoral reforms. From all India Trinamool Congress's perspective, Mukul Roy demanded reintroduction of paper ballot system.

Memo: Trump Discussed Imprisoning Reporters With Comey
Rosenstein". "But I still need to speak with him...evidently has a new #", Rep. Asked if he had confidence in Trump, Ryan said , "I do".

Jose Mourinho says Manchester United's last Premier League game should be moved
Romero insisted after his star turn that the Europa League final in Stockholm is the club's biggest match of the season as they look to book a Champions League spot for next term.

Oil up on falling U.S. inventories
Global benchmark Brent crude, according to Reuters news agency, settled up $1.49 a barrel, or 3 per cent, to $50.22 a barrel. Crude prices rose further in Asia on Thursday, building on overnight gains following an upbeat report on USA inventories.

Huddersfield Town boss ready to tame Hillsborough crowd
But opportunities were at a premium with Izzy Brown clipping the bar the closest that either side came to a breakthrough. His long range left-footed strike curled just wide of the target. "But we have to see it as a normal game".

Le Maroc élu président de la Fédération africaine de leasing
La Fédération africaine de leasing a été portée sur les fonts baptismaux, en marge des premières assises africaines du leasing. Cette institution aura pour mission l'harmonisation des législations et des réglementations en matière de leasing en Afrique.

Younis sign off quietly as Windies take control
Younus, 39, became the first Pakistan batsman to reach 10,000 Test runs in the opening match of the series and played 118 Tests. The victory was a historic one as it marked the first time that Pakistan won a Test series in the Caribbean.

President Trump holds joint news conference with Colombia's president
The memo reportedly states that Comey did not speak about the investigation but simply said, "I agree he is a good guy". The White House rejected The Times report, saying in a statement that it is untrue and that Trump "has never asked Mr.

Revenue Estimates Analysis Sirius XM Holdings Inc. (SIRI)
The stock went down -0.82% at some stage in past quarter. (NASDAQ: SIRI ) may not be done with its ambitions to take over Pandora. Inc. purchased a new position in shares of Sirius XM Holdings during the first quarter valued at about $105,000.