Inflation in Canada: Is the decreasing trend here to stay?
Inflation in Canada as of August 2022
• General index 7.0% (below 7.6% last month; highest was 2 months ago 8.1%)
• Seems the decreasing trend is here
• Core inflation 5.3% (below 5.5% last month but similar to 2 months ago)
• Average last 21 years is 1.9% general index & 1.7% core inflation