No relief from inflation in the U.S. as Middle East clash lifts fuel prices to painful levels
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges.
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U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges.
Statistics Canada says the amount households owe relative to income edged lower in the second quarter as income gains outpaced the growth in debt.
Nestle is raising prices, reformulating products and cutting items consumers are unwilling to pay more for as it tackles the effects of higher energy, freight and raw material costs following the conflict in the Middle East, CEO Philipp Navratil told Reuters on Wednesday.
Data released by Statistics Canada shows prices for school textbooks and supplies have increased by 24% from June 2015 to June 2026.
Personal finance contributor Christopher Liew walks through the realistic options to make some extra income, and what it actually takes to make them work.
It can be one of the most expensive items on a student’s back-to-school supplies list — and it just got pricier.
Grocery store inflation has now outpaced the rise in the overall consumer price index in Canada for 18 straight months.
July’s rebound in gas prices pushed the annual rate of inflation up to three per cent last month even as there were signs cost pressures were easing at the grocery store, Statistics Canada said Monday.
Canada’s annual inflation rate was 3.0 per cent in July, Statistics Canada says. Here’s what happened in the provinces (previous month in brackets)
Here are five things to watch for in the Canadian business world in the coming week.
U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy.
Canada’s dollar will enter a holding pattern in coming months before notching moderate gains in a year as recent signs of domestic economic recovery support the currency, a Reuters poll showed.
Consumers are looking for savings in the frozen vegetable aisle at Loblaw banners as prices of fresh produce have spiked in recent months.
An early look into how Canada’s new grocery code of conduct is faring finds there’s hesitation among suppliers and retailers to bring up concerns about their counterparts, for fear it could strain their business relationships.
Toronto is looking to ban what is known assurveillance pricing in grocery stores, a practice that experts say could allow retailers to use shoppers’ data to charge different prices for the same products.