{"id":414810,"date":"2026-01-17T07:09:11","date_gmt":"2026-01-17T07:09:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/414810\/"},"modified":"2026-01-17T07:09:11","modified_gmt":"2026-01-17T07:09:11","slug":"inflation-in-canada-economists-expect-steadiness","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/414810\/","title":{"rendered":"Inflation in Canada: Economists expect steadiness"},"content":{"rendered":"<p class=\"c-paragraph\">OTTAWA \u2014 Economists will be sorting through plenty of noise in the annual inflation figures when Statistics Canada releases fresh price data for December on Monday.<\/p>\n<p class=\"c-paragraph\">A Reuters survey of economists expects the annual inflation rate held steady at 2.2 per cent in December, according to LSEG Data &amp; Analytics.<\/p>\n<p class=\"c-paragraph\">BMO economist Benjamin Reitzes says he expects inflation ticked up to 2.3 per cent in December despite a heavy drop in gasoline prices last month.<\/p>\n<p class=\"c-paragraph\">Reitzes says the end of the year is usually a season for discounts but prices dropped more sharply in December 2024 when the federal government\u2019s temporary \u201ctax holiday\u201d took effect mid-month and cut prices on a range of household goods.<\/p>\n<p class=\"c-paragraph\">He says that\u2019s going to show a jump in grocery prices in the annual comparisons and recent producer price trends suggest food inflation will keep accelerating in the months ahead.<\/p>\n<p class=\"c-paragraph\">Reitzes says the December inflation figures are \u201cunlikely\u201d to shift the Bank of Canada from the sidelines at its first interest rate decision of the year later this month.<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published Jan. 16, 2026.<\/p>\n<p class=\"c-paragraph\">Craig Lord, The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"OTTAWA \u2014 Economists will be sorting through plenty of noise in the annual inflation figures when Statistics Canada&hellip;\n","protected":false},"author":2,"featured_media":414811,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[60322,45,49,48,46],"class_list":["post-414810","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-beverage","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/414810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=414810"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/414810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/414811"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=414810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=414810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=414810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}