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Canada’s January inflation data will continue to be distorted by the temporary GST/HST tax holiday running from mid-December to mid-February. The drop in taxes lowered price growth by about 0.4% in December, slowing to 1.8% year-over-year in December from 1.9% in November. It would have ticked up to 2.2% without the temporary tax reduction. We […]

The post Canada’s Headline Inflation Growth to Slow Again on Tax Holiday appeared first on Action Forex.

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