Almost no inflation in July | General financial discussion | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Search Search
Go to Bottom
No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Almost no inflation in July
August 19, 2020
9:03 am
Vatox
Member
Members
Forum Posts: 1218
Member Since:
October 29, 2017
sp_UserOfflineSmall Offline
Go to Top
1sp_Permalink sp_Print
August 19, 2020
10:12 am
Dean
Valhalla Mountains, British Columbia
Member
Members
Forum Posts: 1914
Member Since:
January 12, 2019
sp_UserOfflineSmall Offline
Go to Top
2sp_Permalink sp_Print

A quote from Vatox's ⬆ StatCan link:

    " The Consumer Price Index (CPI) rose 0.1% on a year-over-year basis in July, down from a 0.7% increase in June. Excluding gasoline, the CPI rose 0.7%.
    .
    On a seasonally adjusted monthly basis, the CPI fell 0.1% in July "    .

.
I can't remember ... when did we last see basically 'Zero' inflation, in previous years ❓❗

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

August 19, 2020
10:33 am
Loonie
Member
Members
Forum Posts: 9235
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline
Go to Top
3sp_Permalink sp_Print

I find I am ahead financially over last year because of this very low inflation rate. Inflation eats up way more than taxes normally.

August 19, 2020
10:49 am
Kidd
Member
Banned
Forum Posts: 840
Member Since:
February 27, 2018
sp_UserOfflineSmall Offline
Go to Top
4sp_Permalink sp_Print

Loonie said
I find I am ahead financially over last year because of this very low inflation rate. Inflation eats up way more than taxes normally.  

I can NOT say the same. My home insurance bill is well beyond UP and the price for food has gone through the roof. Some contracts, I've managed to lock in for a couple of years, Rogers for example.

August 19, 2020
11:25 am
Vatox
Member
Members
Forum Posts: 1218
Member Since:
October 29, 2017
sp_UserOfflineSmall Offline
Go to Top
5sp_Permalink sp_Print

I mainly report inflation because the CPI is what is used to determine yearly benefit changes, new TFSA contributions and influences BoC rate changes.

August 19, 2020
12:12 pm
Dean
Valhalla Mountains, British Columbia
Member
Members
Forum Posts: 1914
Member Since:
January 12, 2019
sp_UserOfflineSmall Offline
Go to Top
6sp_EditHistory sp_Permalink sp_Print

.
A few more Highlights & Comments . . .

.
Ciao,

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

August 19, 2020
1:13 pm
Vatox
Member
Members
Forum Posts: 1218
Member Since:
October 29, 2017
sp_UserOfflineSmall Offline
Go to Top
7sp_Permalink sp_Print

In response to post #2, April and May of this year were deflationary.
May and October of 2009 were both 0.1% inflation and the months in between were all deflationary.

August 19, 2020
2:06 pm
Dean
Valhalla Mountains, British Columbia
Member
Members
Forum Posts: 1914
Member Since:
January 12, 2019
sp_UserOfflineSmall Offline
Go to Top
8sp_Permalink sp_Print

Dean said
. . .

I can't remember ... when did we last see basically 'Zero' inflation, in previous years ❓❗

    Dean

 

Vatox said
. . .

May and October of 2009 were both 0.1% inflation and the months in between were all deflationary.  

Ah yes ... 2009 makes sense.

I should have remembered ❗ sf-smile

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.