INFLATION
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http://youtube.com/watch?v=DxEvcUV4etc
INFLATION • In August 2024, Canada’s inflation rate dropped to 2% hitting Bank of Canada’s target for the first time in over three years and falling just below the forecast of 2.1%. Key drivers include a 5.1% decrease in gasoline prices, a 4.4% drop in clothing and footwear, and an increase in shelter costs by 5.3% down slightly from July. Excluding gasoline, inflation rose by 2.2%, a drop from July’s 2.5% month-over-month. CPI fell by 0.2% showing broader cooling across the core inflation measures. Do you think inflation will remain in this range? Comment below. • #BuyWithFaisal #SellWithFaisal #RemaxHustle #WaterlooRegion #SellYeah #SoldByFaisal #HomeShack #Remax #TopBroker #Realtor #WeAreREMAX #BuyingAHome #Homebuyer #RealEstate #RealEstateTips #HousingMarket #HomeBuying #SellingAHome #TopAgent
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