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Weekly Commentary

The Bad Good News That Keeps Piling Up

February 17, 2023
Jimmy Jean
Vice-President, Chief Economist and Strategist

  • A rebound in energy prices and typically strong seasonal trends probably fuelled a rise in Canadian headline CPI in January.
  • Canadian retail sales are expected to have advanced by 0.4 % in December.
  • United States: A spike in real consumption is expected.
  • Home resales in the United States could see its first increase in a year.

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