B.C.’s inflation rate remains higher than Canada’s, but relief on horizon

  • 📰 TerraceStandard
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Canada Headlines News

Canada Latest News,Canada Headlines

B.C.’s year-to-year-inflation in April 2024 was 2.9 while Canada’s rate was 2.7 per cent

B.C.’s inflation rate remained above Canada’s in April 2024, but interest rates could be heading down next month.

That rate sets commercial lending rates and has remained at five per cent since July 2023, the highest rate since 2001. TD says it still thinks the central bank will wait until July to cut, noting the annual inflation rate remains too close to the upper end of the inflation target range between one and three per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Food driving inflation lower, but groceries much more costly than a few years agoBetween April 2021 and April 2024, grocery prices have increased 21.4%, Statistics Canada said
Source: globeandmail - 🏆 5. / 92 Read more »

Edmunds: 2024 Kia Niro versus 2024 Toyota Corolla CrossMany car shoppers simply want a vehicle that’s practical, easy to drive and relatively inexpensive. High fuel economy is increasingly a popular desire as...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

HANTS HISTORY: End of April, Early May 2024 editionExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

CTV Calgary's top 5 stories for April 2024At CTV Calgary, we strive to bring attention to the stories that matter to the community and resonate with our audience.
Source: CTVCalgary - 🏆 26. / 68 Read more »

The Metals, Money, and Markets Weekly April 26, 2024: Torn and frayedThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Your April 2024 Horoscope Is HereIt's Aries season! Here, ELLE astrologer Vanessa DL breaks down what's in store for each sign in your March 2024 horoscope.
Source: ElleCanada - 🏆 27. / 68 Read more »