Notes from the Desk – CAD CPI – Still High But Heading in the Right Direction. By the numbers. November CPI came in at 6.8%, lower than last month’s 6.9% print, but higher than the 6.7% forecast. Lower gasoline and furniture costs were offset by higher shelter and food costs. The BoC’s CPI-median at 5% […]
The 2023 Forecast of Forecasts| December 2022
“An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.” Evan Esar The passage of one year into the next is marked by some interesting customs and traditions. Americans watch the ball drop, Spaniards eat twelve grapes at the stroke of midnight, and the Danes smash crockery on […]