Sunday, September 19

Justin Trudeau

Canada economy, inflation, Justin Trudeau, PMN Business

Consumer price inflation could be Trudeau’s biggest economic vulnerability

Breadcrumb Trail Links Election 2021 Economy A Statistics Canada report is expected to show that price inflation accelerated in July by almost the fastest rate in two decades Author of the article: Bloomberg News Shelly Hagan Article content Prime Minister Justin Trudeau can expect mostly good news from economic data during Canada's five-week election campaign. But there's one potential trouble spot for him: consumer prices. A Statistics Canada report due Wednesday is expected to show that price inflation accelerated in July by almost the fastest rate in two decades. Economists estimate that consumer prices jumped 3.4 per cent last month on an annual basis, from 3.1 per cent in June. Such numbers are sure to provoke attacks from rival parties over higher living c...