June 6, 2022
Consult these brief articles explaining topics related to our core functions.
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result(s)
May 19, 2021
The consumer price index (CPI) tracks how much the average Canadian household spends, and how that changes over time. At the Bank of Canada, we use it to target inflation.
Understanding the consumer price index
Content Type(s):
Explainers
Topic(s):
Inflation and prices,
Inflation targets
August 13, 2020
At the Bank of Canada, we aim to keep inflation close to 2 percent.
Understanding inflation targeting
Content Type(s):
Explainers
Topic(s):
Inflation and prices,
Inflation targets
August 13, 2020
Inflation is a persistent rise in the average level of prices over time.
Understanding inflation
Content Type(s):
Explainers
Topic(s):
Inflation and prices,
Inflation: costs and benefits