RandAlThor@lemmy.ca to Canada@lemmy.ca · 1 month agoCanada’s inflation rate fell to 2.5% in July, lowest since March 2021www.cp24.comexternal-linkmessage-square10fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkCanada’s inflation rate fell to 2.5% in July, lowest since March 2021www.cp24.comRandAlThor@lemmy.ca to Canada@lemmy.ca · 1 month agomessage-square10fedilink
minus-squaren3m37h@sh.itjust.workslinkfedilinkarrow-up0·1 month agoSure it’s down, but is the price of food or homes down too?
minus-squareLeFantome@programming.devlinkfedilinkarrow-up0·1 month agoAny positive inflation number means that prices are still going up. It is just a question of how fast. So, lower inflation does not mean you should expect prices to fall. At best, it means you should expect them to go up more slowly.
Sure it’s down, but is the price of food or homes down too?
Any positive inflation number means that prices are still going up. It is just a question of how fast.
So, lower inflation does not mean you should expect prices to fall. At best, it means you should expect them to go up more slowly.