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    by Published on April 17th, 2014 09:16 PM
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    Chart 1 - The 12-month change in the Consumer Price Index

    Chart description: The 12-month change in the Consumer Price Index
    CSV version of chart 1

    Higher energy prices lead the faster rise in the Consumer Price Index

    The larger year-over-year rise in the CPI in March compared with February was led by energy prices, which rose 4.6% in the 12 months to March, following a 1.6% increase in February. Gasoline prices rose 1.4% on a year-over-year basis, after decreasing 1.3% in February. In addition, the natural gas index increased 17.9% in March, following a 5.5% rise in February. The rise in the natural gas index in March was mainly attributable to a price increase in Alberta. ...
    by Published on April 17th, 2014 09:13 PM

    The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.


    Inflation in Canada remains low. Core inflation is expected to stay well below 2 per cent this year due to the effects of economic slack and ...
    by Published on April 16th, 2014 07:25 PM

    Members Present

    Glenn Stevens (Chairman and Governor), Philip Lowe (Deputy Governor), John Akehurst, Roger Corbett AO, John Edwards, Kathryn Fagg, Martin Parkinson PSM (Secretary to the Treasury), Heather Ridout AO, Catherine Tanna

    Others Present

    Guy Debelle (Assistant Governor, Financial Markets), Christopher Kent (Assistant Governor, Economic), Jonathan Kearns (Head, Economic Analysis Department), Anthony Dickman (Secretary), Peter Stebbing (Deputy Secretary)

    International Economic Conditions

    Recent indicators for the global economy suggested ...
    by Published on April 16th, 2014 07:21 PM

    Prices overall stable in comparison with previous month, price level 0.7% lower year-on-year
    Neuchâtel, 15.04.2014 (FSO) – The Producer and Import Price Index calculated by the Federal Statistical Office (FSO) remained stable in March 2014 compared with the previous month. Whereas ...
    by Published on April 16th, 2014 07:01 PM

    The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays.

    Cigarette and tobacco prices rose 10.2 percent, following an 11.3 percent rise in excise duty in January. “The ...

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