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Inflation data likely to show further slowing, partly due to GST break

CityNews
Summary
Nutrition label

83% Informative

Inflation data likely to show further slowing, partly due to GST break: economists.

RBC expects that’s largely driven by slower food price growth, which will offset any rise in energy prices.

The Bank of Canada has been cutting its key interest rate aggressively to ease the pressure on the economy.

This report by The Canadian Press was first published Jan. 19, 2025 . Rosa Saba , The Canadian Press .

VR Score

89

Informative language

92

Neutral language

62

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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