May’s year-on-year inflation rise to 2.0% marks the fastest pace in nearly a year, driven by food and transport costs. Malaysia’s headline inflation accelerated to 2.0% year-on-year in May, the highest rate since July 2024. The increase was led by higher prices in food, ho
The price of food bought from stores in Canada again rose faster than headline inflation last month, government data shows. According to a breakdown of Canada's Consumer Price Index (CPI) figures for May, the inflation metric for food purchased from stores rose 4.3% year o
Career coach Colleen Paulson has heard from hundreds of professionals age 50 or older struggling to land a job over the past two years. "I have 35-plus years' experience and I can't find a job that pays over $20 an hour," one told her in a LinkedIn message. Most Read from
May data shows declining retail sales and construction output, pushing second-quarter GDP growth below the first quarter’s 3.5% annual rate. Poland’s economic activity weakened further in the second quarter as May retail sales and construction output fell short of expectat
Core retail sales in Canada declined 0.7% in April, marking a second consecutive monthly decrease, even as total retail sales rose 0.5% from March to C$73bn ($51.6bn), according to Statistics Canada. The fall in core retail sales, which excludes gasoline stations and fuel
The USDCAD had been drifting lower since around 7:15 a.m. ET, falling from 1.4171 to 1.4152 ahead of Canada's hotter-than-expected CPI report The inflation data triggered another leg lower, with the pair extending its decline to 1.4144. Earlier in the session, the p
Breaking: Canada CPI came in at 3.2% in May Canada’s inflation picked up pace in May, with the Consumer Price Index (CPI) rising 3.2% from a year earlier, above market expectations and up from the 2.8% increase recorded in April. On a monthly basis, prices rose
Canada’s inflation picked up pace in May, with the Consumer Price Index (CPI) rising 3.2% from a year earlier, above market expectations and up from the 2.8% increase recorded in April. On a monthly basis, prices rose 1.0% Meanwhile, the Bank of Canada’s (BoC) prefe
Breaking: Canada CPI came in at 3.2% in May Canada’s inflation picked up pace in May, with the Consumer Price Index (CPI) rising 3.2% from a year earlier, above market expectations and up from the 2.8% increase recorded in April. On a monthly basis, prices rose
Prior was +2.8% y/y CPI % m/m vs +0.8% expected Prior m/m was +0.4% Core measures: BOC core vs +2.1 prior BOC core m/m % vs +0.2% prior Core CPI SA % m/m +0.3% vs prior CPI median +% vs +2.1% expected (prior was 2.1%) CPI trim +% vs 2.0% expected (prior was 2.3%) CPI common % vs...</stron
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