Canadian prices to remain elevated for remainder of 2021
- Cars and homes accounted for much of price growth in June
- Investors are still betting that the inflation spike will prove temporary
- Cooling commodity prices to temper soaring input costs
June 16, 2021
- Consumer price increases were more broadly-based in May
- Market inflation expectations plateau albeit at elevated levels
- Rising input costs pose a key hurdle for businesses though some offset from stronger loonie
May 20, 2021
- Inflation pressure still manageable but broadening
- Market expectations have dialed higher
- Rising Input costs and firming demand to act as tailwinds for price growth
Claire Fan is an economist at RBC. She focuses on macroeconomic trends and is responsible for projecting key indicators on GDP, labour markets as well as inflation for both Canada and the US.
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