Tag: inflation
Scope on Canada: Grocery Store CEOs Questioned by MPs on High Food Prices, Profits
On March 8, the House of Commons committee on agriculture and agri-food held a hearing on whether the...
Consumers Still Hot For Fruits and Vegetables Despite Economic Pressures
American consumers are not only still buying fruit and vegetables despite the economic pressures of 2022...
Canadian Inflation Slows in January, Food Prices Continue to Rise
Statistics Canada’s latest data on Feb. 21 show that Canada’s inflation rate slowed to 5.9 percent in...
Inflation Driven by Explosion in Migrant Worker Pay: WSJ
An unsung factor of record inflation driving up the real world cost of goods and services is an explosion...
Canada Bracing for Another Food Price Increase as Holiday Price Freeze Ends
Canadians can expect to pay more — a lot more — at the grocery store in the coming days after a holiday...
Bank of Mexico Hikes Interest Rate to 10.50%, Signal Another increase Coming
The Bank of Mexico raised its key interest rate by an expected 50 basis points to a record 10.50% on...
US Import Prices Drop in Hopes of Easing Inflation
WASHINGTON, United States — U.S. import prices fell for a fifth straight month in November, pulled down...
S&P 500 Inches Higher as Black Friday Sales Kick Off
The benchmark S&P 500 edged higher on Friday, with focus on retailers as Black Friday sales kicked...
Sri Lankan Central Bank Threatens Administrative Measures to Bring Down Market Rates
COLOMBO, Sri Lanka — On Thursday, Nov. 24 Sri Lanka's central bank threatened administrative intervention...
New Zealand to Deliver Record-High Interest Hike Amid Persisting Inflation
WELLINGTON, New Zealand — New Zealand's central bank said on Tuesday, Nov. 22 that it expects to deliver...
Canadian Personal Bankruptcies Surge by 22.5% in Third Quarter; Economy Sputtering
According to data, recently released by Statistics Canada, consumer insolvencies in Canada soared by...
Brazil’s Central Bank Chief Says Fiscal Prudence Crucial Amid Political Protests and Inflation
BRASILIA, BRAZIL — Brazil's central bank chief Roberto Campos Neto emphatically defended the need for...