Canada’s inflation rate decelerated to 3.4 per cent in the year up to May, Statistics Canada said Tuesday, led by sharply lower gasoline prices. But beneath the headline slowdown in consumer prices, many facets of the cost of living are still increasing at an eye-watering pace. Grocery prices went up at an almost nine per cent pace.
These comments are always here, but they’re such nonsense. Any change in the formula only changes how certain items are weighted and can have very little effect of the number.
These comments need to go away.
Or you can tell us exactly how the formula changed since the last report, and how the new weight blend would make a significant difference, providing an actual number with past months formula.
Or you can just ignore my comment, and post this again next report. Ya, who am I kidding…