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Lower Gas Prices, Less Tax Effect Have Cooling Influence on Inflation

Business  (tags: Lower, gas, prices, tax, effect )

- 2769 days ago -
Canadian consumer prices came in largely as expected for July as lower gasoline prices and more comparable sale-tax rates to a year earlier helped bring the inflation rate down.


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Cheree M (46)
Sunday August 21, 2011, 4:39 am
Noted w/ Interest. TY

. (0)
Sunday August 21, 2011, 9:44 am
Traditionally inflation has been controlled by the use of interest rates, this currently isn't possible. Inflation is destructive and seeing it decrease, even in only a handful of countries, is encouraging. Having said this I strongly suspect that things will get worse before they get better!

Jerry B (128)
Sunday August 21, 2011, 9:55 am
That's a good thing Thanks!

. (0)
Sunday August 21, 2011, 12:55 pm
noted and signed

Fiona Ogilvie (562)
Sunday August 21, 2011, 1:24 pm
Noted and signed. Good to see the Canadian economy coming into balance.

Past Member (0)
Sunday August 21, 2011, 1:26 pm
Bull! The wealthy control when there will be "inflation" or "deflation", and they do so at their collective will!

Olive Tassell (7)
Sunday August 21, 2011, 3:07 pm
Know no one will like this but we need even higher gas taxes and more government incentives to go alternative and now not down the road.
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