Thursday, February 18, 2010

The inflation rate in Canada peaked in 2008

Consumer price index in Canada increased by 0,3% in January in monthly terms, said the Statistical Office of the country. The value of the meet analysts' forecasts. We recall that a month before prices fell by 0,3%.

Annual consumer price index for January was 1.9% in the previous value of 1.3% and 1.8% forecast. This is the maximum value of the index since November 2008.

The main index of consumer prices from the Bank of Canada increased by 0,1% in January in monthly terms, after declining by 0,3% in the previous month.

In annual terms the main index has risen from 1,5% to 2,0% against the forecast of 1,8%.

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