Inflation

Retail sales rose in April despite inflation Fallback Image Decorative pattern

Economic Indicators

Retail sales rose in April despite inflation

"The U.S. consumer now appears to be single-handedly keeping the global economy afloat," economist said

By Christopher Rugaber, The Associated Press |May 17, 2022

2 min read

Spending shift, business investment to help inflation fight Spending shift, business investment to help inflation fight

Economic Indicators

Spending shift, business investment to help inflation fight

But risk of recession remains, CIBC's Tal says

By Maddie Johnson |May 16, 2022

3 min read

EU cuts forecast for economic growth as war’s fallout widens EU cuts forecast for economic growth as war’s fallout widens

Economic Indicators

EU cuts forecast for economic growth as war’s fallout widens

Inflation in the 19 countries that share the euro currency hit 7.5% in April

By The Associated Press |May 16, 2022

3 min read

“Perfect storm” fuelling inflation, BoC says Fallback Image Decorative pattern

Industry

“Perfect storm” fuelling inflation, BoC says

But the situation is different from the '70s

By The Canadian Press |May 12, 2022

2 min read