Annual inflation rate for the week ended June 14 raced to a 13-year high of 11.42 per cent. It is the 18th consecutive week that the inflation rate has been above 5.5 per cent.
A smaller increase in the price of gasoline meant Canada's annual inflation rate slid to 1.4 per cent in March - the lowest growth rate since January 2007, Statistics Canada said Thursday. The...
The TSX posted another triple-digit loss Wednesday, with investors stepping away from equities as commodity prices slid and U.S. recession fears grew. At the close, the S&P/TSX composite...
The Bank of Canada cut its key interest rate by a quarter of a percentage point Tuesday, citing the increased risks to Canada's economy from the weakness south of the border. - The cut...
Canada's jobless rate dipped to 5.8 per cent in January, as the economy churned out a greater-than-expected 46,400 jobs, Statistics Canada said Friday. - The unemployment rate matches the...
The Bank of England cut interest rates for the third time in five months to cushion the economy from the global credit squeeze, despite persistent worries about rising inflation. The central bank...
Inflation has risen to 4.4 per cent - more than twice the Government's target - official figures show. The Consumer Prices Index is up from 3.8 per cent in June to the new high last month. The 0.6...
Asian shares fell on Monday, tracking falls on Wall Street after latest data pointed to a surge in US inflation. MOREINFO: Asian share markets extended declines on Monday, as rising US inflation...
Japan's inflation rate hits a 10-year high in March. Susumu Kato, MD & chief economist, Calyon Capital Markets, tells CNBC's Maura Fogarty & Stephen Sedgwick why this does not bode well for the...
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