#economictrends

Kingsly Real Estate

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Canadian Inflation Cools Down! ๐ŸŒก๏ธ In a positive turn for the economy, the Consumer Price Index (CPI) dropped to 2.5% in July, down from 2.7% in June. This marks the second consecutive decline, with inflation easing from 2.9% in March and 2.7% in April. ๐Ÿ“‰ With inflation continuing to slow, thereโ€™s growing anticipation that the Bank of Canada may consider further interest rate cuts soon. ๐Ÿ’ธ Stay tuned for more economic insights and updates! ๐Ÿ“Š Kingsly Stanly Sales Representative ๐Ÿ“ž +1 (647) 761 9471 ๐Ÿ“ง kingsly@thecanadianhome.com Download The Canadian Home App to see the property! https://ln.thecanadianhome.com/kingslystanly [Canadian CPI July 2024, Canada inflation rate July 2024, Bank of Canada interest rate prediction, Canada Consumer Price Index update, Canadian economy July 2024, CPI drop Canada July, Bank of Canada rate cuts 2024] #CanadianEconomy #InflationCooling #BankOfCanada #CPIUpdate #EconomicTrends #RealEstateInsights #FinanceNews #MarketWatch

484 Views

3 months ago

Kingsly Stanly

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Canadian Inflation Cools Down! ๐ŸŒก๏ธ In a positive turn for the economy, the Consumer Price Index (CPI) dropped to 2.5% in July, down from 2.7% in June. This marks the second consecutive decline, with inflation easing from 2.9% in March and 2.7% in April. ๐Ÿ“‰ With inflation continuing to slow, thereโ€™s growing anticipation that the Bank of Canada may consider further interest rate cuts soon. ๐Ÿ’ธ Stay tuned for more economic insights and updates! ๐Ÿ“Š Kingsly Stanly Sales Representative ๐Ÿ“ž +1 (647) 761 9471 ๐Ÿ“ง kingsly@thecanadianhome.com Download The Canadian Home App to see the property! https://ln.thecanadianhome.com/kingslystanly [Canadian CPI July 2024, Canada inflation rate July 2024, Bank of Canada interest rate prediction, Canada Consumer Price Index update, Canadian economy July 2024, CPI drop Canada July, Bank of Canada rate cuts 2024] #CanadianEconomy #InflationCooling #BankOfCanada #CPIUpdate #EconomicTrends #RealEstateInsights #FinanceNews #MarketWatch

186 Views

3 months ago

MalayalisNearMe Official

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๐Ÿ‘‰Statistics Canada reports a 0.7% rise in retail sales for April, reaching $66.8 billion, boosted by higher sales at gasoline stations and food and beverage retailers. Sales increased in seven of the nine tracked subsectors, with gasoline stations and fuel vendors up 4.5% and food and beverage retailers up 1.9%. However, sales at motor vehicle and parts dealers fell 2.2%, with new car sales dropping 2.9%. Core retail sales, excluding gas stations and vehicle dealers, rose 1.4%. In volume terms, retail sales increased 0.5%. The advance estimate for May suggests a 0.6% decline, subject to revision.โœ… . ๐”๐ง๐ฅ๐จ๐œ๐ค ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐Œ๐š๐ง๐จ๐ฃ ๐Š๐š๐ซ๐š๐ญ๐ก๐š, ๐š๐ง ๐š๐ฐ๐š๐ซ๐-๐ฐ๐ข๐ง๐ง๐ข๐ง๐  ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ ๐ข๐ง ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ๐Ÿ๐Ÿ”-๐Ÿ๐Ÿ”๐Ÿ”๐Ÿ“ ๐„๐ฆ๐š๐ข๐ฅ: ๐ฆ๐š๐ง๐จ๐ฃ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @manojkaratha_realtor . . #RetailSales #CanadaEconomy #StatisticsCanada #GasPrices #FoodSales #EconomicTrends #MarketUpdate #mnm #malayalisnearmeapp #canadaupdate #canadanews

166 Views

5 months ago

MalayalisNearMe Official

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๐Ÿ‘‰Canada's unemployment rate increased slightly to 6.2% in May, with a net gain of 27,000 jobs reported by Statistics Canada. Despite job gains, population growth outpaced employment growth. Sectors like health care, finance, and food services saw gains, while construction and transportation sectors experienced losses. The rise in employment was driven by part-time positions, with a decrease in full-time jobs. Additionally, more Canadians are resorting to part-time work due to limited full-time opportunities. Economists note a slowdown in the Canadian economy post-April's robust job report, indicating a cooling but stable economy.โœ… . ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐ž- ๐€๐ญ ๐š ๐ญ๐ข๐ฆ๐ž ๐š๐ง๐ ๐ฉ๐ฅ๐š๐œ๐ž ๐œ๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ! ๐‰๐จ๐ฆ ๐Œ๐š๐ญ๐ญ๐š๐ฆ ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ +๐Ÿ ๐Ÿ”๐Ÿ’๐Ÿ• ๐Ÿ—๐Ÿ๐ŸŽ ๐Ÿ”๐Ÿ“๐Ÿ‘๐ŸŽ ๐ฃ๐จ๐ฆ.๐ฆ๐š๐ญ๐ญ๐š๐ฆ@๐œ๐ข๐›๐œ.๐œ๐จ๐ฆ @jom_mattam . . #UnemploymentRate #JobGrowth #StatisticsCanada #CanadianEconomy #PartTimeJobs #FullTimeEmployment #EconomicTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews

205 Views

5 months ago

MalayalisNearMe Official

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๐Ÿ‘‰Alberta witnessed the highest inflation rate among Canadian provinces in February, with a notable increase driven by a rise in natural gas prices. Statistics Canada reported a 4.2% Consumer Price Index for the province. Calgary experienced the highest price growth among major cities at 5.1%, followed by Edmonton at 4.2%. Quebec had the next-highest provincial inflation rate at 3.3%, while Manitoba saw the smallest increase at 0.9%. Nationally, the average inflation rate was 2.8%, with declines noted in categories such as wireless services (-26.5%) and internet rates (-13.2%). Grocery costs rose by 2.4%, marking a slower increase compared to overall inflation rates since October 2021.โœ… . ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ž ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฅ๐ž๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐Š๐š๐ฆ๐š๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐ž๐๐ข๐œ๐š๐ญ๐ž๐ ๐†๐“๐€ ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ”๐Ÿ•๐Ÿ‘-๐Ÿ‘๐Ÿ“๐Ÿ๐Ÿ” ๐„๐ฆ๐š๐ข๐ฅ: ๐ค๐š๐ฆ๐š๐ฅ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @kamalpillai_realtor . . #InflationRate #AlbertaEconomy #CalgaryGrowth #StatisticsCanada #ConsumerPriceIndex #GroceryPrices #EconomicTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews

99 Views

8 months ago

MalayalisNearMe Official

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๐Ÿ‘‰Gas prices in Canada have notably increased in March, with Toronto experiencing significant rises. According to GasBuddy, Toronto's average gas price jumped by 11 cents per litre last week, reaching 153.04 cents per litre, while the national average rose by 4.7 cents to 155.31 cents per litre. Patrick De Haan from GasBuddy attributes this surge to increased spring break travel and warmer weather, leading to a three percent rise in demand. Ontario witnessed the largest price increase, followed by BC and Quebec, while Newfoundland, Alberta, and New Brunswick saw moderate declines. Additionally, the transition to summer gasoline production and refinery maintenance contribute to the price hike.โœ… . ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐ž- ๐€๐ญ ๐š ๐ญ๐ข๐ฆ๐ž ๐š๐ง๐ ๐ฉ๐ฅ๐š๐œ๐ž ๐œ๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ! ๐‰๐จ๐ฆ ๐Œ๐š๐ญ๐ญ๐š๐ฆ ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ +๐Ÿ ๐Ÿ”๐Ÿ’๐Ÿ• ๐Ÿ—๐Ÿ๐ŸŽ ๐Ÿ”๐Ÿ“๐Ÿ‘๐ŸŽ ๐ฃ๐จ๐ฆ.๐ฆ๐š๐ญ๐ญ๐š๐ฆ@๐œ๐ข๐›๐œ.๐œ๐จ๐ฆ @jom_mattam . . #GasPrices #Canada #Toronto #FuelCosts #SpringTravel #ConsumerNews #EconomicTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews

92 Views

8 months ago

MalayalisNearMe Official

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๐Ÿ‘‰Statistics Canada's latest report shows Canada's employment rate slightly declined by 0.1 percentage points in February, marking the fifth consecutive monthly decrease. Although employment rose by 41,000, population growth surpassed it, resulting in a drop to 61.5%. Over the past year, the employment rate has decreased by 0.9%. Alberta and Nova Scotia saw employment gains, while Manitoba experienced a decline. Full-time job numbers increased by 71,000 in February, with self-employed workers also showing a 1.5% rise. This trend is attributed to rapid population growth outpacing employment growth.โœ… . ๐“๐จ๐ฒ๐จ๐ญ๐š & ๐‡๐จ๐ง๐๐š ๐๐ž๐ฐ ๐š๐ง๐ ๐”๐ฌ๐ž๐ ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ ๐…๐ซ๐ž๐ž ๐ ๐š๐ฌ ๐œ๐š๐ซ๐ ๐ฐ๐ข๐ญ๐ก ๐ž๐ฏ๐ž๐ซ๐ฒ ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž! ๐Œ๐š๐ง๐จ๐ฃ ๐‰๐จ๐ฌ๐ž๐ฉ๐ก ๐€๐ฌ๐ฌ๐ข๐ฌ๐ญ๐š๐ง๐ญ ๐’๐š๐ฅ๐ž๐ฌ ๐Œ๐š๐ง๐š๐ ๐ž๐ซ +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ–๐Ÿ—๐Ÿ’-๐ŸŽ๐Ÿ•๐Ÿ”๐Ÿ ๐ฆ๐š๐ง๐จ๐ฃ.๐ฆ๐ฎ๐ค๐ค๐ฎ๐ง๐๐š๐ง@๐จ๐ฉ๐ž๐ง๐ซ๐จ๐š๐๐ญ๐จ๐ฒ๐จ๐ญ๐š.๐œ๐š ๐ฐ๐ฐ๐ฐ.๐›๐ซ๐š๐ฆ๐ฉ๐ญ๐จ๐ง๐ž๐š๐ฌ๐ญ๐ญ๐จ๐ฒ๐จ๐ญ๐š.๐œ๐š ๐Ÿ ๐Œ๐š๐ซ๐ข๐ญ๐ข๐ฆ๐ž ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ ๐๐ฅ๐ฏ๐, ๐๐ซ๐š๐ฆ๐ฉ๐ญ๐จ๐ง, ๐Ž๐ ๐‹๐Ÿ”๐ฌ ๐ŸŽ๐‚๐Ÿ @mukkadan.joseph . . #EmploymentRate #StatisticsCanada #CanadianEconomy #PopulationGrowth #JobMarket #EconomicTrends #LabourForceSurvey #mnm #malayalisnearmeapp #canadaupdate #canadanews

118 Views

8 months ago

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