Farm Credit Canada has raised its 2026 forecast for overall inflation as commodity prices spike due to war in the Middle East.
Tag Archives inflation
FCC raises inflation forecast on surging commodity prices
Canadian consumers may have little if any cushion remaining against future economic shocks, ag lender warns
Canada’s annual inflation rate eases to 1.8 per cent in February ahead of expected energy shock
Canada’s annual inflation rate fell to 1.8 per cent in February, after prices in the same period a year ago had risen sharply when the government’s sales tax relief ended, Statistics Canada said on Monday.
Canadian annual inflation rate edges down in January as gasoline costs drop
Canada’s annual inflation rate in January accelerated at a slower pace than the previous month as a big drop in gasoline prices helped cushion the impact of higher food and clothing prices, Statistics Canada said on Tuesday.
Canada’s Food Price Report shows meat, pantry goods prices expected to rise “a lot” in 2026
Food prices are 27 per cent higher now than they were in 2020, the new Canada’s Food Price Report shows. Meat prices are particularly to blame for the rise.
Canada’s inflation in October eases to 2.2 per cent on lower gasoline, food prices
Canada’s annual inflation rate in October eased to 2.2 per cent as gasoline prices dropped, food prices eased and mortgage interest costs came down below the three per cent mark, data showed on Monday.
Canada’s annual inflation rate eases to 1.7 per cent in July, core measures stay firm
Canada’s annual inflation rate eased to 1.7 per cent in July from 1.9 per cent in the prior month as lower year-on-year gasoline prices kept the consumer price index low, but core measures of inflation stayed sticky, data showed on Tuesday.
Canada’s annual inflation rate in June up slightly to 1.9 per cent
Rise in prices led by durable goods, clothing, footwear
Canada's annual inflation rate rose to 1.9 per cent in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data showed on Tuesday.
Canada’s annual inflation unchanged at 1.7 per cent in May, core measures slightly ease
Canada’s annual inflation rate in May was unchanged from the previous month at 1.7 per cent as a drop in gasoline costs continued to keep the overall index stable. Prices of shelter, food and transportation also cooled.
Canada annual inflation rate falls, but rise in core measures is tricky for central bank
Canada's inflation rate fell to 1.7 per cent in April, largely due to a drop in energy prices after the removal of the consumer carbon tax.
Canada’s inflation surprisingly slows to 2.3 per cent in March
Canada's annual inflation surprisingly slowed in March to 2.3 per cent, three notches below the prior month, largely helped by lower gasoline and travel tour prices, data showed on Tuesday.