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Canada’s latest inflation rate acceptable


October 25, 2010
By Alex Carrick | Chief Economist CanaData

Oct. 25, 2010 – 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.

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

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