Canada's annual inflation rate picked up to 2 percent in January, the highest since November 2014, lifted by food prices and a rise in gasoline costs and underlining expectations the Bank of Canada will keep monetary policy unchanged next month. Gasoline prices jumped 2.1 percent, while food costs
rose 4 percent as consumers paid 18.2 percent more for fresh vegetables, suggesting the impact of a weaker Canadian dollar was being felt.
It's deju vu all over again with a Trudeau in the big chair and runaway inflation...just like the old man eh? I think Stats Can cooked the data a smidge as fresh fruit and vegetables are way more than 18% increased (more like 100+%)...they must of been rooting in the bargain bin (like the rest of us!) to come up with that stat. FORWARD!
ReplyDelete