Canada’s annualrate fell to 4.3 per cent in March as higher mortgage interest costs were offset by lower energy prices.slowed from 5.2 per cent in February, continuing along a downward trajectory that’s expected to bring it down to three per cent by mid-year.since last summer has now brought the annual rate down to the lowest it’s been since August 2021.But the deceleration hasn’t brought much relief to homeowners with new mortgages or renewing their mortgages at high interest rates.
Grocery prices are also still rising rapidly, but at a slower pace. Grocery prices were up 9.7 per cent on a year-over-year basis in March, down from 10.6 per cent in February. Statistics Canada said the deceleration was driven by lower prices for fruits and vegetables., which it uses to look through volatility in prices, also trended downward in March.
Statistic canada.. if they only knew how to count
Ok so drop the interest rate 1%
Keep making us poorer and see what happens to our government
JUSTINflation Inflation is compounding. Stop arguing about the rate of theft and address the theft itself.
So many bots on this feed
GOVT LIES!!
This just in your inflation rates are bullsh*t
They’ve just changed the items in the basket.
Not in New Brunswick — $1.71 a litre for gas -
Show us the stats. Not just a post. I hope the Liberal Government isn’t funding you guys too.
What they are saying is that the elites are satisfied and will maybe consider lowering interest rates.
STATE FUNDED MEDIA SAYS - 4.3% HASNT BEEN THIS HIGH SINCE JEAN CHRETIEN WAS PM, WEIRD. IT ALMOST SEEMS LIKE THE LIBERALS FUCK UP THE SPENDING, JUST FOR THE CONSERVATIVES COME BACK TO FIX IT. THE EIGHT YEARS OF FISCAL RESPONSE HAS ALWAYS BEEN 2-O.5% LIBS - 2-5% CHOICES....
Nat gas down 60%+ yoy for all you butter price watchers.
lumber down 50% yoy for all you egg price watchers.
Can we Audit these figures cause I’m making more but taking home less explain that to me.
Talk to me when it’s -4.3%
Lies.
More liberal propaganda
Ya, and who's taking credit for this lie? I think we alll know the answer to that.
Where is this economy? Or base in what? Banks ? Or what, poor young generation 😞
Sure it does.
If inflation is falling, why are prices rising?
Banks are making BILLIONS off the back of struggling Canadians, supermarkets are making BILLIONS off the back of struggling Canadians, government is giving benefits to help everyone else except struggling taxpayers JustinTrudeau
When you’re not including fuel and food (two things humans use everyday) it’s pretty easy to manipulate the numbers
Funny you just posted this
In other news gas prices expected to rise 8 cents a litter tonight
Bill sh!t
really? because everything at my grocery store costs at least 15-25% more and will never go down
CP24 Needs the Government Funded Media Label ASAP
Riiiiiiiiight. The ongoing increase in food prices, easily reaching 50% compared to pre-pandemic levels, must be just a figment of our imagination.
My grocery bill went down ..People need to go on a grocery strike….buy bare minimum.
Remind me how much wages have increased over the past 10 years….
The real number is much, much higher. But they love to hide it
Greats news
Facts matter SarahFischer__ PierrePoilievre
BS
It's been real nice not seeing cbc's propaganda today when are you guys going to follow their lead?
Sorry Pepe but the numbers don't lie like you...
So you mean my loonies are losing 4% of their value per year ?!? That's great!
Gas going up 8 cents tonight. Butter, eggs and milk still luxury items.
Numbers don’t lie, but ppl telling us the numbers can lie
I wish I understood how they came to this conclusion because nothing is cheaper prices have not fallen. Anywhere. Food is higher. Rent is higher. Gas is higher. It’s just going up again tomorrow. Just living is higher. So tell me how they come to the conclusion
Things like rent are still out of control across the country. We're taxed to death paying tax on taxand small fees on this and that. Let's be honest here...this is noting to celebrate.
It's funny tell me we're buy foods? It's in food bank ?my grocery shoop It's very hi just my salary It's down It's disrespect for cleaning people...
Even with the decline, I don't see prices going down. Gas prices going up. Services don't drop their prices...nothing seems to change except the inflation numbers themselves. The gouging continues... intrest rates may go down and save you money there but thats it.
So? Now drop gas and grocery prices.
Wow, only another 4.3%? lol. When do we actually get a break and get some deflation. Inflation is brutal. Tiff and his people don't know what they're doing.
Congrats
Did anyone really think they wouldn’t get back all the Covid benefit money they paid out?
Didn't feel it. Food / grocery prices are still insanely high!
So now we can reduce people’s pay now?
Groceries are still high Housing costs are through the roof Gas is through the roof I don’t see inflation going down I see costs going up
Another year til prices of things will come down?
According to my Costco/Walmart receipts, this seems a little bit fishy....
Wow
Rural BC. 4.3% sure not reflected in prices of anything. TrudeauChineseAsset
Prices haven't dropped. Nor will they ever. This doesn't include the price of gasoline, heating fuel and food. It just means prices aren't rising as fast.
That's funny because I just paid $4.69 for a jar of no name salsa at Superstore. That's about 75 cents more than a week ago and 1.75 more than 2 years ago.
I would love for Kroger’s to make an expansion into Canada and give the Weston’s some sweat inducing competition.
Thank you Trudeau...like he has control over it.
The whiplash is confirmed What will BOC do now? Canadians need some relief from high interest rates!!!
That's crazy because all the people who happily locked down encouraging inflation are still audibly gasping at the new prices jumps at stores THIS WEEK. Just everyone's lying eyes.
But my fuel is up, food is up, cloths are up. Everything is up. I’m so glad it’s down…..oh wait, seems like they are lying again
A journalist would find the truth about this lie
they cheat it so your inflation adjusted pension stays low.
PierrePoilievre
dkreative1
🇨🇦✔️✔️✔️✔️✔️✔️✔️✔️
Thank you Pierre
dkreative1 Not Groceries, they are still over 9%.
nice
the Tories will not be happy....about that...
Groceries & gasoline have not dropped at all, definitely some Lieberal behind the scenes number crunching going on here
4.3% in March but not long, because the thing driving down inflation in Canada, is back on an upswing. Justin Trudeau has done nothing to solve our housing crisis. But PierrePoilievre will! Inflation
What has PP got to say about this? Whose good action is it this time? Or is it a fault?
Just not for food, gas, hydro.....
Maybe someone should tell that to the grocery stores. Their prices are still rising weekly
The rent is skyrocketing
Well it's almost May so what's March matter now?
Yea sure if u don’t include the price of food. But who needs to eat anyway.
Ill beleive it when I see my grocery/gas bill down everything else is just empty air.
On top of the high inflation we had last march so this is 4.3% on top of last years high number unreal. Rates need to go higher people are addicted to debt and it’s gone wayyyy being a manageable level
Yet grocery prices keep climbing…need to see the evidence of this spreadsheet with the numbers
It is wrong!!! I can approve it
We need a new PM immediately who will remove all money that were printed by blackface clown.
Garnet_2203 CP24 propaganda according to Poilievre.
Wait until they start renewing their mortgages.
Then why is food still up 50%
Not bad
Adding housing back in to make inflation look like it's falling?
Grocery prices are also still rising rapidly, but at a slower pace. Grocery prices were up 9.7 per cent on a year-over-year basis in March
Will the stores adjust the price now?
Need negative inflation to catch wages
The way the rate is calculated is flawed. Should be based on the 5 main areas people spend money on. Food, shelter, gas, taxes, and medical care. I would put inflation around 15%.
Blatant lies and propaganda cp24 shameful reporting
It’s called disinflation
lol
Sure, 4.3% 🤥
And how much did things go up on April 1st? Come on
These are made up numbers. Just wait and see what’s coming.
Food, which is essential should be factored into this. Complete bullshit
Same a consumer falls
Nice fake news!!🤣😂🤡👿
Lies my grocery bill was more than last month this week lol
Food prices are still up
How surprising, the Twitter types don't know what this means because they don't have basic economic education.
I call BS but hey believe what you want lol
Add TAX to the CPI basket. Tax is increased much more than other items in CPI calculation.
Fake data - gas prices up 10x, groceries prices up 5x, housing prices and rent going up, and yet inflation falls sure I believe it
Is that why gas is going up 6 cents tonight?
So Interest rates will drop?
Add 1% to inflation rate with carbon tax hikes and 4% with intersst rate hikes..without govt taxes, interest rate hikes, inflation would be zero ..inflation an excuse to raise food prices.. Something very corrupt going on.
Food inflation still 🆙 And they’re changing over the gas blend 🤨😉 so gas will be 🆙 Gouge us to 💀 you…
And prices still going up
Trudeau Freeland Singh Interest rate hikes are decimating🇨🇦families , 🇨🇦people with owners of homes condos , buyers of vehicles, any credit. Call it Destroying 🇨🇦 families.. The rest Biden with the G20 doing the same thing being the root cause of inflation.Carbon taxes disaster
Has anyone told Galen Weston yet?
Funny. My cost of living has not gone down.
Suspicious at best. Lots left out of that stat!!
(compared to 12% last year) Still inflating
BSBSBS
The cost of absolutely everything keeps going up and my pay is still the same, pretty sure they must mean it's up because I've not seen anything but my ability to pay for things go down
Tomorrow gas prices going up 8 cents.
how they making this number up inflation is well over 20 percent
Why do press outlets keep lying and holding water for this government? Your role as the fourth estate is to hold the state accountable for its actions, which you never do.
Can I have my Disney channel back lol
Must be doing something right!!
I bought 1 cauliflower for 9$ yesterday 😳😳🤔🤔
It says because of low energy prices. Where do we have low energy prices!?
But some apple juice, bacon, bread and toothpaste cost me $46.
fictitious numbers our govt feedin the masses
Thank you Galen Weston
I don’t think so
Bullshit.
MOM went up
My expenses keep up 🔝 How u explain inflation ⬇️ in March..
Not bad
It's just s figure of speech! Prices are still climbing along with interest rates, it defeats very purpose. Simply more money for corporates and their greed!
BoC avid on saving real estate. Historically rate cuts have been bearish
Love to see the spreadsheet on these numbers
Thank you prime minister Trudeau
No it didn't. They are lying. It's actually around 18%
BS
Interest rates on mortgages have gone up 24% year to date… weneedabreak inflation bankofcanada
Bull. I have a car and buy groceries.
I don’t see my grocery bills going down…
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