Economy

Economic Indicators

IMF upgrades its forecast for China’s economy

Says economy likely to grow 5% this year, but consumer-friendly reforms are needed to sustain growth

By Elaine Kurtenbach |May 29, 2024

2 min read

Economic Indicators

More Canadians making only minimum payment on credit cards: TransUnion

Cost-of-living crisis and higher interest rates eat into household budgets

By Ritika Dubey, The Canadian Press |May 28, 2024

2 min read

Economic Indicators

Business optimism grows in Q2: StatsCan

Labour-related concerns increase, but sentiment improves regardless

By James Langton |May 27, 2024

2 min read

Policy

The outlook for a rate cut in June

Economist considers the factors influencing the Bank of Canada's next interest rate announcement

By Alizée Calza |May 27, 2024

4 min read

Economic Indicators

Retail sales down 0.2% in March

However, StatsCan says its early estimate of the metric for April was a 0.7% increase

By The Canadian Press |May 24, 2024

2 min read

Economic Indicators

Wages, housing costs stoking price pressures in services sector

Sticky services inflation stymies rate cuts, Fitch says

By James Langton |May 23, 2024

1 min read

Economic Indicators

Canadians feel grocery inflation getting worse: poll

Almost a third of Canadians believe the cause is grocery stores trying to increase profit margins

By The Canadian Press |May 22, 2024

2 min read

Economic Indicators

U.K. inflation falls to 2.3%

Consumer price index shows inflation’s fall to lowest level in nearly three years but still above Bank of England's target

By Pan Pylas, The Associated Press |May 22, 2024

3 min read

Policy

Tariff hikes inflict political pain, not economic

Cost of latest trade salvo is low, but it escalates tensions, Moody's says

By James Langton |May 21, 2024

2 min read

Economic Indicators

Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut

The slowdown from 2.9% in March was led by food prices, services and durable goods

By Nojoud Al Mallees, The Canadian Press |May 21, 2024

3 min read

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