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Almost no inflation in July
August 19, 2020
9:03 am
Vatox
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August 19, 2020
10:12 am
Dean
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A quote from Vatox's ⬆ StatCan link:

    " The Consumer Price Index (CPI) rose 0.1% on a year-over-year basis in July, down from a 0.7% increase in June. Excluding gasoline, the CPI rose 0.7%.
    .
    On a seasonally adjusted monthly basis, the CPI fell 0.1% in July "    .

.
I can't remember ... when did we last see basically 'Zero' inflation, in previous years ❓❗

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

August 19, 2020
10:33 am
Loonie
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I find I am ahead financially over last year because of this very low inflation rate. Inflation eats up way more than taxes normally.

August 19, 2020
10:49 am
Kidd
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Loonie said
I find I am ahead financially over last year because of this very low inflation rate. Inflation eats up way more than taxes normally.  

I can NOT say the same. My home insurance bill is well beyond UP and the price for food has gone through the roof. Some contracts, I've managed to lock in for a couple of years, Rogers for example.

August 19, 2020
11:25 am
Vatox
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I mainly report inflation because the CPI is what is used to determine yearly benefit changes, new TFSA contributions and influences BoC rate changes.

August 19, 2020
12:12 pm
Dean
Valhalla Mountains, British Columbia
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.
A few more Highlights & Comments . . .

.
Ciao,

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

August 19, 2020
1:13 pm
Vatox
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In response to post #2, April and May of this year were deflationary.
May and October of 2009 were both 0.1% inflation and the months in between were all deflationary.

August 19, 2020
2:06 pm
Dean
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Dean said
. . .

I can't remember ... when did we last see basically 'Zero' inflation, in previous years ❓❗

    Dean

 

Vatox said
. . .

May and October of 2009 were both 0.1% inflation and the months in between were all deflationary.  

Ah yes ... 2009 makes sense.

I should have remembered ❗ sf-smile

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

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