Economic Indicators

Household financial pressures growing: Fitch

Economic Indicators

Household financial pressures growing: Fitch

Credit card performance deteriorating, insolvencies rising, as higher rates and inflation bite

By James Langton |May 12, 2023

2 min read

Inflation likely slowed again in April, but economists say wage growth a top concern

Economic Indicators

Inflation likely slowed again in April, but economists say wage growth a top concern

Canada’s April inflation figure anticipated to be well below the 5.2% wage growth

By Nojoud Al Mallees, The Canadian Press |May 12, 2023

3 min read

U.K. economy grows sluggishly in 1st quarter as double digit inflation curbs consumer spending

Economic Indicators

U.K. economy grows sluggishly in 1st quarter as double digit inflation curbs consumer spending

No recession but output dropped in several sectors affected by strikes

By Danica Kirka, The Associated Press |May 12, 2023

2 min read

Insolvencies in March up 28.3% year over year, report says

Economic Indicators

Insolvencies in March up 28.3% year over year, report says

The increase came as Canadians faced higher interest rates

By The Canadian Press |May 11, 2023

1 min read