economic outlook – Thinking Port

What Canada’s rising inflation means for newcomers

April 5, 2022 admin article position 3, banking in canada, economic outlook, housing, Inflation, jobs, life in canada, scotiabank, settlement, Settling in Canada, sponsor content

Credit to Author: Scotiabank| Date: Tue, 05 Apr 2022 13:30:44 +0000

Many shoppers are finding that things are more expensive when they go to the grocery store. What’s behind those price increases? “Prices are rising much more quickly than in recent years,” says Marc Desormeaux, senior economist at Scotiabank. “In January 2022, the total Consumer Price Index (CPI) was more than 5% higher than one year […]

The post What Canada’s rising inflation means for newcomers first appeared on CIC News.