Chart 4: The breadth of price pressures suggests inflation of around 2.5% https://www.bankofcanada.ca/?p=248443 Share above 3% minus share below 1% Historical value -30.072.00 -17.482.00 -13.292.10 -11.192.40 -2.802.80 -2.802.60 -5.592.40 1.402.10 2.802.10 3.502.20 -4.202.00 -8.921.60 -14.651.40 -17.831.00 -14.651.50 -9.551.40 -14.651.50 -16.561.50 -22.291.20 -18.471.50 -24.201.50 -16.561.80 -5.101.90 -4.462.00 -4.462.10 -7.012.30 -4.461.80 -8.281.60 -7.641.30 -8.281.60 -8.921.60 -8.921.70 -16.561.60 -25.481.30 -28.030.80 -28.660.80 -24.841.00 -22.930.90 -24.840.90 -31.210.80 -22.291.00 -19.110.90 -15.920.90 -19.750.80 -14.650.60 -13.381.00 -6.371.10 -8.230.90 -11.390.70 -16.460.70 -6.331.00 0.631.60 -3.801.50 -7.591.60 -3.162.00 -5.702.20 0.632.70 -12.032.40 -18.992.20 -10.762.60 -26.582.20 -22.152.70 -22.783.00 -24.052.20 -25.322.40 -23.422.80 -18.992.80 -19.622.50 -17.722.60 -16.462.70 -11.393.20 -10.133.20 7.593.00 6.962.90 6.332.40 7.593.40 15.193.80 12.663.20 14.562.60 14.562.70 6.962.50 12.661.80 1.900.40 3.800.50 8.231.10 7.591.20 -3.801.50 5.701.40 -2.530.80 -8.230.80 -6.961.50 -7.591.90 -12.031.70 -10.762.50 1.903.90 -4.433.30 -1.894.00 -4.404.20 -1.263.80 -11.322.60 -12.582.50 -15.722.40 -18.872.10 -13.212.00 -8.182.20 -10.061.60 -18.241.60 -13.042.10 -21.741.30 -25.470.70 -22.360.70 -18.011.60 -14.912.40 -5.592.40 -9.322.30 -15.531.80 -16.771.80 -9.942.20 -9.322.30 -8.702.00 1.241.80 -2.482.00 0.622.30 0.622.40 -3.731.60 -4.351.70 -4.352.00 -7.452.60 -10.563.30 -15.532.60 -15.532.00 -13.042.10 -11.802.80 -11.802.20 -11.802.20 -15.532.50 -11.802.80 -11.182.40 -22.982.80 -17.392.60 -16.151.20 -10.561.50 -8.072.00 -15.532.20 -11.181.70 -4.352.60 -7.452.90 -5.592.80 -11.182.70 -8.072.70 3.732.30 -9.941.80 -11.182.60 -8.072.40 -13.042.50 -15.532.40 -21.122.70 -22.362.40 -23.601.90 -22.222.20 -11.732.80 -10.493.80 -7.413.90 4.944.00 14.813.90 14.203.20 22.842.50 21.601.70 25.311.10 24.691.40 31.481.20 28.400.40 37.040.10 30.25-0.30 25.93-0.90 16.05-0.80 11.11-0.90 9.260.10 3.701.00 -4.321.30 -4.941.80 -6.791.60 -14.201.40 -15.431.80 -20.371.40 -25.931.00 -17.901.10 -14.201.00 -15.431.20 -9.261.70 -14.201.30 -13.581.60 -12.351.50 -10.491.30 1.232.40 4.942.40 14.202.80 16.672.20 2.472.60 11.732.90 12.353.00 11.732.70 13.582.70 16.052.10 12.352.30 16.672.50 1.851.80 7.981.80 -6.751.10 -7.981.30 -12.881.10 -9.821.10 -23.931.00 -21.471.00 -23.930.70 -25.770.70 -28.830.50 -25.151.20 -30.671.00 -30.670.50 -35.580.80 -32.521.20 -30.671.40 -34.361.20 -29.451.20 -34.970.70 -38.041.00 -33.131.30 -37.421.60 -38.651.10 -33.741.60 -26.992.00 -23.932.20 -21.472.20 -25.772.00 -23.312.00 -18.401.90 -15.342.20 -7.361.80 -12.271.40 -4.910.80 -7.981.00 -4.911.10 1.230.70 5.520.80 4.291.00 1.231.30 4.291.30 1.231.00 1.231.10 1.231.40 1.841.50 -1.842.00 -4.291.40 -1.231.30 -9.821.70 -14.111.50 -13.501.50 -16.561.20 -17.181.10 -25.771.30 -28.831.30 -31.291.10 -28.831.40 -30.432.10 -32.302.00 -38.511.50 -40.371.60 -41.611.20 -36.650.90 -36.651.20 -32.301.30 -29.191.40 -26.711.30 -22.362.10 -16.151.80 -21.121.60 -14.912.10 -22.982.20 -12.422.10 -25.472.20 -21.742.30 -25.472.90 -21.742.80 -26.092.20 -19.882.40 -25.471.50 -16.772.00 -10.001.50 -8.131.50 -7.502.00 -15.001.90 0.632.30 -7.502.00 -5.632.00 -3.131.90 0.001.80 4.381.90 -2.502.20 -7.412.20 -6.792.30 -11.732.10 -11.730.70 -9.88-0.20 -7.41-0.40 -10.490.60 -17.280.10 -22.220.10 -24.070.40 -14.200.50 -16.670.80 -17.280.60 -25.931.00 -16.671.00 -8.022.10 -8.023.20 0.623.50 6.172.90 8.023.50 13.584.00 16.674.30 19.754.50 25.314.50 32.104.70 43.835.00 48.155.40 49.386.50 50.626.80 57.417.70 59.268.10 63.587.70 67.286.90 67.906.80 64.816.90 63.586.90 60.496.20 61.115.90 58.025.30 53.704.30 48.774.30 45.343.30 44.722.70 39.133.10 42.243.90 32.923.70 27.953.00 17.393.00 24.843.30 12.422.70 3.732.70 -3.732.70 -6.832.50 -6.832.70 -13.662.50 -19.882.40 -19.251.80 -19.881.50 -16.151.80 -22.981.70 -28.572.20 -19.252.60 -6.212.90 3.732.20 -1.862.30 0.002.30 2.482.50 -3.112.20 0.622.40