Inflation Watch—Canada’s Consumer Prices To Tick Higher In June After May’s Downside Surprise - Data Intelligence

Inflation Watch—Canada’s Consumer Prices To Tick Higher In June After May’s Downside Surprise - Data Intelligence

We expect it is likely too early to see a significant increase in prices due to tariffs in Canadian and U.S. inflation data for June on Tuesday. There have been signs of tariffs raising prices for some Canadian food products, and vehicle prices have been climbing steadily since March. But, the broader impact of tariffs on prices has been limited. Canadian retaliatory tariffs announced earlier this year were measured and targeted, and in many cas…

Inflation Watch—Canada’s Consumer Prices to Tick Higher in June after May’s Downside Surprise - Action Forex

We expect it is likely too early to see a significant increase in prices due to tariffs in Canadian and U.S. inflation data for June on Tuesday.There have been signs of tariffs raising prices for some Canadian food products, and vehicle prices have been climbing steadily since March. But, the broader impact of tariffs on prices has been limited. Canadian retaliatory tariffs announced earlier this year were measured and targeted, and in many case…

Why tariffs haven't raised inflation much (yet)

Photo by Steve Saunders on UnsplashTrump is back with a new round of big tariff announcements. They include a 35% tariff on Canada (America’s top trading partner), 25% tariffs on Japan and South Korea (two key U.S. allies), a 50% tariff on copper (almost half of which the U.S. imports), and various other high tariffs on various other countries.1 So far, stock markets — which plunged after “Liberation Day” in April — appear not to be reacting to …