9 h. ago Consumer inflation fell in July to 1.7%, but food costs ‘just won’t quit’

Consumer inflation in Canada rose by less than expected in July, according to Statistics Canada, as falling gasoline prices offset price increases elsewhere.

Economics

9 h. ago Inflation rate cools to 1.7% in July thanks to lower gas prices: StatCan

OTTAWA — Inflation cooled in July thanks largely to relief at the gas pumps, but Statistics Canada said grocery and shelter costs were accelerating last month.  The annual rate of inflation fell to 1.7 per cent in July, the agency said Tuesday, down from 1.9 per cent in June.  A 16.1 per cent decline year-over-year […]

Economics

36 h. ago Delinquency Levels Show Signs of Stabilizing, But The Financial Gap Continues To Widen For Some Canadians

– Credit demand slows as affordability and inflation concerns persist – Equifax Canada® Market Pulse Quarterly Consumer Credit Trends and Insights TORONTO, Aug. 18, 2025 (GLOBE NEWSWIRE) — New insights from Equifax® Canada Market Pulse Quarterly Consumer Credit Trends and Insights show early signs of stabilization in consumer credit performance in the second quarter of 2025. […]

Other

3 d. ago Charting the Global Economy: US Retail Sales Point to Resilience

US retail sales posted solid advances in consecutive months for the first time this year, tempering concerns of a retrenchment in spending as consumers remain unsettled by the potential for tariff-induced inflation.

Culture

4 d. ago Chinese Steel and Coal Output Drop as Supply Pressures Mount

Chinese steel and coal output fell in July, as bad weather affected operations and the government’s efforts to rein in overcapacity intensified.

Other

7 d. ago Wall Street Pros See Stocks Ignoring ‘Transitory’ Inflation Rise

Economists expect the latest data on consumer prices to show an uptick in inflation, but Wall Street pros aren’t concerned that it’ll derail the latest stock market rally.

Economics

8 d. ago How prices for staple grocery items have fluctuated in Canada so far this year

The price of groceries in Canada remains a source of concern for many households, as the cost of daily essentials continues to strain budgets.The rising price of groceries is a very real worry for many shoppers in Canada, according to a new report by PwC stating that 76 per cent of Canadians worry about the rising cost of food — much higher than the global average of 59 per cent.And Canadians are worried for good reason, as prices constantly fluctuate.Grocery giant Loblaw recently published its July food inflation report, which states that food prices in June rose by 2.8 per cent compared to last year. It's a slower pace than the 3.3 per cent increase seen in May, but still higher than the headline inflation rate of 1.9 per cent.And, in addition to inflation, the tumultuous U.S.-Canada trade war continues to loom over shoppers' wallets.Using Statistics Canada's Average Retail Food Prices Data Visualization Tool, we ...

Economics

8 d. ago Stagflation Playbook for S&P 500 Gets Fresh Look Before CPI Data

As the specter of stagflation ripples through equity markets, investors are zeroing in on the upcoming consumer inflation report to see how close the dire economic scenario is to becoming a reality.

Other

1 week ago Average asking rents fall annually for 10th straight month to $2,121: Report

The national average asking rent in July fell 3.6 per cent from a year earlier to $2,121, marking the 10th straight month of year-over-year decreases and the largest drop of 2025 so far. The latest monthly report from Rentals.ca and Urbanation says asking rents held roughly steady in July on a month-over-month basis, down $4 […]

Economics

2 w. ago Korean Inflation Cools, Boosting Case for BOK to Cut Rate Again

The pace of consumer inflation in South Korea slowed, giving the central bank added incentive to resume its rate-cut cycle as the trade-reliant economy braces for the impact from higher US tariffs.

Economics