The agency noted that prices remain elevated — especially for rent and groceries — even as inflation has cooled off.
For the second consecutive month, food prices grew at a faster rate than headline inflation.
Now imagine someone announcing the creation of a nonprofit crown corporation to be a national grocer. Unfortunately no major party has the balls to propose that. Even Jagmeet is only tweaking antitrust law.
It's not that bleak. Inflation is a healthy sign if it's under control, so it deserves an actual "Yay!", as it also means interest rate cuts can proceed.
Kinda, sorta. The chart is undoubtedly positive, but the major problem of the higher price levels is still with us and we're not doing much in the way of solving the price/income problem.