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Canada’s latest inflation rate acceptable
Written by Alex Carrick | Chief Economist, CanaData   

Oct. 25, 2010 – Canada’s all-items Consumer Price Index (CPI) change in September, at +1.9% year over year, was almost exactly on target with what is considered to be a desirable inflation rate.

A little inflation is good for the economy. It greases the wheels of industry, making loans easier to pay back over time and increasing asset values, which pleases homeowners and business executives. | READ MORE