Skip to main content

Featured

Your daily horoscope: January 14, 2025

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY If your current way of working does not seem to be taking you closer to your goals then ditch it completely and start over. New technologies such as artificial intelligence could help you immensely this year, IF you have the intelligence to use them wisely. ARIES (March 21 - April 20): There is a lot of pressure building up in your life at the moment but that’s okay because you thrive on being challenged. When the going gets tough Aries is the first sign to get tough in return and today will be no exception. TAURUS (April 21 - May 21): You may be in two minds about what direction you should be taking but what occurs over the next 24 hours will point the way and all you have to do is follow the lead that the universe gives you. Get past your doubts and get moving. GEMINI (May 22 - June 21): If you start something new today it will take up a lot more time and energy than you expected, so think about it carefully and make sure you will be able to...

Canada’s Inflation Rate Eases to 2.8% in February

Canada’s annual inflation rate unexpectedly fell to 2.8% last month, marking a deceleration from the 2.9% increase recorded in January. The February consumer price index report, released by Statistics Canada, revealed several contributing factors to this slowdown.

  1. Grocery Prices: The easing of grocery prices played a significant role in the overall deceleration. Consumers experienced slower growth in food costs during February.

  2. Cellular and Internet Services: Sharp declines in cellular and internet services also contributed to the moderation in inflation. These essential services saw reduced price growth during the month.

While the easing inflation rate provides some relief, it remains essential to monitor economic indicators closely. The Bank of Canada continues to balance its monetary policy, considering both inflationary pressures and economic recovery.

As we navigate these fluctuations, Canadians can expect further updates on inflation trends. The unexpected dip to 2.8% in February underscores the need for vigilance in managing economic stability.


Comments

Popular Posts