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Statistics Canada to report inflation figures for August this morning
- Statistics Canada will release inflation data for August this morning.
- Economists surveyed by LSEG Data & Analytics expect August's annual inflation rate to be 3%, unchanged from July.
- RBC economists note inflation pressures mainly arise from energy prices, which increased about 23% compared to last year, despite some recent relief at gas pumps.
- The Bank of Canada kept its key policy rate at 2.25% this month, holding it steady for the seventh decision amid global energy price volatility and U.S. tariffs.
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21 Articles
21 Articles
Coverage Details
Total News Sources21
Leaning Left14Leaning Right0Center7Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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