Canada has a Two percent rise in inflation

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Courtesy of: The World Factbook 2013-14 Central Intelligence Agency, 2013

Courtesy of: The World Factbook 2013-14 Central Intelligence Agency, 2013

The Bank of Canada is set to have to deal with a 2 percent rise in inflation. This, despite, Stephen Poloz, saying that he “will ignore it”. The Governor, favors focusing on larger price movements, as opposed to “transitory” price gains.

Food and Energy prices showed increases. Food was up 1.9 percent and energy prices included a 6.6 percent rise in gasoline prices.

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