EPISODE · Sep 22, 2022 · 15 MIN
The good and bad of slowing inflation
from The Decibel · host The Globe and Mail
Inflation is on the decline for the second straight month. New numbers from Statistics Canada show that inflation slowed to 7 per cent in August – down from 7.6 per cent in July and 8.1 per cent in June. While these numbers point to an easing in prices for consumers, not everything is cheaper – yet.Economics columnist for The Globe’s Report on Business, David Parkinson tells us what items are getting less expensive, why groceries are still so high and whether what the Bank of Canada is doing to tamp down inflation is working.Questions? Comments? Ideas? Email us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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What this episode covers
Inflation is on the decline for the second straight month. New numbers from Statistics Canada show that inflation slowed to 7 per cent in August – down from 7.6 per cent in July and 8.1 per cent in June. While these numbers point to an easing in prices for consumers, not everything is cheaper – yet. Economics columnist for The Globe’s Report on Business, David Parkinson tells us what items are getting less expensive, why groceries are still so high and whether what the Bank of Canada is doing to tamp down inflation is working.
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The good and bad of slowing inflation
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