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Consumer prices surge 3.5 per cent in August


Business | 206557 hits | Sep 23 9:17 am | Posted by: WDHIII
9 Comment

Consumer prices skyrocketed 3.5 per cent in August from a year earlier, the largest annualized increase in more than five years.

Comments

  1. by avatar hurley_108
    Tue Sep 23, 2008 4:25 pm
    Way to manage inflation, there, Steve.

  2. by Anonymous
    Tue Sep 23, 2008 4:30 pm
    "hurley_108" said
    Way to manage inflation, there, Steve.



    why didn't you just blame him for the high price ?

  3. by avatar bootlegga
    Tue Sep 23, 2008 4:34 pm
    "hurley_108" said
    Way to manage inflation, there, Steve.


    Yeah, but we got 1 cent off the GST, so it's really only 2.5%... :lol:

  4. by avatar hurley_108
    Tue Sep 23, 2008 4:35 pm
    "bootlegga" said
    Way to manage inflation, there, Steve.


    Yeah, but we got 1 cent off the GST, so it's really only 2.5%... :lol:

    Except that a reduction in a consumption tax increases consumption which drives inflation. Only now the government has less money and business has more.

  5. by avatar uwish
    Tue Sep 23, 2008 8:50 pm
    then you can pay the 7 % tax and I will continue to pay 5%.

    like harper has had much to do with inflation...

  6. by avatar Wada
    Tue Sep 23, 2008 10:07 pm
    Harper says, if you want to pay higher food costs vote Dion, I say if I want to pay higher food costs, save the election costs and keep Harper. He's doing a great job of watching the prices rise.

  7. by avatar dino_bobba_renno
    Tue Sep 23, 2008 11:25 pm
    "hurley_108" said
    Way to manage inflation, there, Steve.


    So would you rather he hike the interest rates to keep inflation under control? Did you ever think the reason he's not for that is because it would hit Ontario particularly hard at this moment in time?

  8. by avatar dog77_1999
    Wed Sep 24, 2008 12:45 am
    Canada doesn't do core inflation?

  9. by avatar RUEZ
    Wed Sep 24, 2008 12:48 am
    "hurley_108" said
    Way to manage inflation, there, Steve.


    The annual increase in August was largely driven by higher prices for gasoline


    Harper can no more control the price of gasoline then you can control your partisan comments.



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