RE: More Fake News: Stats Canada says Inflation rate slows to 6.3% — but grocery prices are still nearly twice that

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More Fake News: Stats Canada says Inflation rate slows to 6.3% — but grocery prices are still nearly twice that

in canada •  2 years ago 

This "good news" sort of misses the point even if accurate. Inflation rates are still (at least) 6.3% which is more than double what is typical. That means prices are STILL rising at a rate that is more than double what is typical.

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  ·  2 years ago  ·  

Yeah… but they will raise interest rates to hammer 1st time home buyers and also use the fake inflation numbers to reduce interest paid on savings and an excuse to not raise salaries. The poor and middle class get hammered with rising food costs. Everyone needs to eat.