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Canada Consumer Price Index, January 2026
The Consumer Price Index (CPI) rose 2.3% on a year-over-year basis in January, following a 2.4% increase in December. The gasoline price index was the largest contributor to deceleration in headline inflation, with a larger decline in January compared with December. Excluding gasoline, the CPI rose 3.0% in January, matching the increase in December. Indexes with year-over-year movements impacted by the temporary GST/HST break in January 2025 continued to put upward pressure on the year-over-year all-items increase in January 2026. Of the affected indexes, the CPI continued to be most impacted by acceleration in ... (full story)
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Inflation in Canada slowed unexpectedly in January to 2.3%, with core measures softening
Canada’s annual inflation rate slowed to 2.3 per cent in January, according to Statistics Canada data published Tuesday. Economists had expected the Consumer Price Index (CPI) to remain steady at 2.4 per cent, according to consensus estimates from BMO Economics. Prices for many items were lower a year ago because of lower taxes during the government GST/HST holiday, a difference that largely accounted for annual inflation rising in December 2025. That same factor means data for January and the next few months “is expected to remain noisy,” Benjamin Reitzes, an economist at BMO, said in a note published Friday. ... (full story)
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From think.ing.com|Feb 17, 2026Our base case is for further gradual attrition in job numbers, rather than a sharper deterioration. The public sector, which saw staffing numbers rise 0.6% last year, is likely to ...
From prnewswire.com|Feb 17, 2026For the four weeks ending January 31, 2026, U.S. private employers added an average of 10,250 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP ...
From investinglive.com|Feb 17, 2026Gold found some support from the benign US CPI report on Friday where headline inflation eased slightly, while the core measure remained unchanged. We saw a small dovish repricing ...
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From statcan.gc.ca|Feb 17, 2026Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) increased 2.0% in December to $86.1 billion, following a decline ...
From newyorkfed.org|Feb 17, 2026|4 commentsBusiness activity rose modestly in New York State in January, according to firms responding to the Empire State Manufacturing Survey. Alter dipping slightly below zero last month, ...
From @MarketsCapApp|Feb 17, 2026|4 commentsBreaking | Fed's Goolsbee Warns That Services Inflation Remains Uncontrolled FED'S GOOLSBEE: RECENT HEADLINE INFLATION WAS PARTLY PULLED DOWN DUE TO BASE EFFECTS - CNBC Fed's Goolsbee: Want to see evidence inflation headed back to 2% Fed's Goolsbee: I see 3% as a loose target for neutral rate
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