Inflation at 1.1%, That is Low for February
Gasoline prices have been fluctuating wildly in the past few months. Check out the Gas Price Index to find out why Inflation has been low and what could trigger the Bank of Canada’s reaction. Stats Canada’s Consumer Price Index for February 2014 showed a year-over-year Inflation of 1.1%. Find out what effect this may have on Inflation. Enbridge’s 40% Natural Gas jump and Ontario’s Hydro price increases have the potential to influence Inflation. Learn why Gasoline is a major factor in Inflation and how it may affect our economy. Lower Inflation was partly attributed to Gasoline prices dropping in February 2014. Find out more in this blog post.
