It’s another sign our local economy continues to chug along — Stats-Canada says our inflation rate climbed out of negative territory and we actually posted a slight increase in prices last month.
That goes against the grain nationally where Stats-Canada pegged the national inflation rate in negative territory thanks to falling prices. But economists say the so called “deflation” will be short lived.
Inflation Rate Looks Good Here at Home
It’s another sign our local economy continues to chug along — Stats-Canada says our inflation rate climbed out of negative territory and we actually posted a slight increase in prices last month.
That goes against the grain nationally where Stats-Canada pegged the national inflation rate in negative territory thanks to falling prices. But economists say the so called “deflation” will be short lived.
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