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Weekly Commentary

Inflation Is Spreading in Canada, Reaching a Ten-Year High

August 20, 2021
Nom du rédacteur
Jimmy Jean • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon

KEY STATISTICS OF THE WEEK :

  • United States: Retail sales retreat in July, but motor vehicle production rebounds.
  • U.S. housing starts fell in July.
  • Canada: The total annual inflation rate increased more than expected in July.
  • Canada: Existing home sales and housing starts are continuing to slow down.
  • Canada: Retail sales rebounded in June.