Headline CPI inflation fell a tenth to 1.8% year-on-year (y/y) in December, pushed lower by the temporary GST/HST break that went into effect mid-month. Approximately 10% of the All-items CPI basket was affected by the tax exemption. Main price impacts were seen in food purchased from restaurants (-1.6% y/y), booze (-1.3% y/y), toys, games, and […]
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