Inflation in Canada Eases to 1.8% on Sales Tax Break

Canada inflation dipped in December to 1.8 per cent

CIBC analyst Andrew Grantham noted that without the HST/GST tax holiday, inflation would have been around 2.3 per cent

Canada inflation dipped in December to 1.8%

Ottawa, Canada — Canadian inflation fell 0.1 percentage points to 1.8 percent in December as a brief sales tax holiday on selected consumer goods kicked off, the government statistical agency said Tuesday. Canadians paid less in the month as a result of the Goods and Services Tax break for alcohol, food, clothing, shoes, toys and

Canada's annual inflation rate drops to 1.8% in December on sales tax relief

Canada's CPI rises 1.8 pct in December

OTTAWA, Jan. 21 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 1.8 percent on a year-over-year basis in December, down from a 1.9 percent increase in November, Statistics Canada said on Tuesday. Read full story

Inflation fell to 1.8 per cent in December, in part from GST tax break

Without the tax break, Statistics Canada said the annual inflation rate would have risen to 2.3 per cent.

Alcohol and restaurant meals push inflation downward in December

The Trudeau government's GST holiday and Taylor Swift impacted inflation in December, as it continued to trend downward.