📊 The Consumer Price Index (CPI) is how Statistics Canada measures inflation. Many use their numbers, including us! 🧺 The CPI follows prices for a “basket of goods” an average Canadian might buy. By comparing how much the basket costs over time, we see how fast prices are rising. That’s how we track inflation. Changes in the CPI help you understand how far your money will go. It helps you plan, and it helps us understand the economy. Our goal is to keep inflation low and stable, by keeping it
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📊 The Consumer Price Index (CPI) is how Statistics Canada measures inflation. Many use their numbers, including us! 🧺 The CPI follows prices for a “basket of goods” an average
Bank of Canada. . 📊 The Consumer Price Index (CPI) is how Statistics Canada measures inflation. Many use their numbers, including us! 🧺 The CPI follows prices for a “basket of goods” an average Canadian might buy. By comparing how much the basket costs over time, we see how fast prices are rising. That’s how we track inflation ...
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