Canada’s annual inflation rate fell to 2.5 per cent last month, matching forecasters’ expectations as price pressures continue to retreat.
  • LeFantome
    81·
    3 months ago

    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.

    • n3m37h@sh.itjust.works
      1·
      3 months ago

      Well inflation was only 6.8% in 2022 but house/land prices went up at least 40%. The mass city exodus is over yet house prices are still up there…