by Taynour | Jun 17, 2021 | BC Economy
Canadian inflation, as measured by the Consumer Price Index (CPI), rose to 3.6% year-over-year in May, up from 3.4% in April. This is the highest level since May of 2011. Much of the increase in inflation was the result of base-year effects, as prices remained...
by Taynour | Jun 5, 2021 | BC Economy
Canadian employment fell by 68,000 jobs in May (-0.4%, m/m), led by a decline of 54,000 in the number of part-time jobs. This was the second consecutive month of declines amid third-wave restrictions, following a drop of 207,000 jobs in April. The level of Canadian...
by Taynour | Jun 2, 2021 | BC Economy
The Canadian economy expanded at a 5.6 per cent annual rate in the first quarter of 2021, including very strong growth in March. However, restrictions due to the third wave of the pandemic point to a minor contraction of output in the month of April before getting...
by Taynour | May 29, 2021 | BC Economy
Canadian retail sales increased 3.6% m/m on a seasonally-adjusted basis in March. Sales were higher in 10 of 11 sub-sectors, led by higher sales at garden equipment and building stores. Excluding more volatile sectors like motor-vehicles and gasoline sales , retail...
by Taynour | May 21, 2021 | BC Economy
Canadian inflation, as measured by the Consumer Price Index (CPI), rose to a ten-year high of 3.4% year-over-year in April, up from 2.2% in March. Much of the increase in inflation was the result of base-year effects as prices posted a steep decline during April of...
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