Comments on: Base Effects Add to the Bank of Canada’s Inflation Concerns https://inflationwatch.drduru.com/base-effects-add-to-the-bank-of-canadas-inflation-concerns/?utm_source=rss&utm_medium=rss&utm_campaign=base-effects-add-to-the-bank-of-canadas-inflation-concerns Watching for inflation here, there and everywhere Wed, 20 Sep 2023 05:18:15 +0000 hourly 1 https://wordpress.org/?v=7.1.4 By: A Stall in Canada’s Core Inflation Narrative | Inflation Watch https://inflationwatch.drduru.com/base-effects-add-to-the-bank-of-canadas-inflation-concerns/#comment-293 Wed, 20 Sep 2023 05:18:15 +0000 https://inflationwatch.wordpress.com/?p=2949#comment-293 […] looks like a bottoming process when compared to the previous trend. This stalling also confirms the Bank of Canada’s concern in July about the loss of the benefits of the base effects that helped drive the inflation trend downward. The chart below comes from Statistics Canada in its […]

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