deflation

Continuing its downward trajectory for the tenth consecutive month, the wholesale price index- (WPI) entered deflation for the first time in nearly three years. It fell to a 34-month low of -0.92 per cent in April from 1.34 per cent in…

What goes up doesn’t necessarily come down. That’s contrary to the sentiment of a surprisingly large proportion of respondents to the Bank of Canada’s quarterly consumer expectations survey, released last week.According to the survey,…