Big bank economists react to latest CPI stats [Wealth Professional (Canada)]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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Source: Wealth Professional
The inflation rate accelerated in March as a sharp run-up in gasoline prices pushed headline consumer costs higher, but several Bay Street economists said the underlying picture remained more restrained than the topline figure suggested. Statistics Canada said the Consumer Price Index rose 2.4% year over year in March, up from 1.8% in February. On a monthly basis, CPI increased 0.9%, with higher energy costs doing much of the work. Gasoline prices climbed 5.9% from a year earlier and surged 21.2% from February; the largest monthly increase on record and tied to a supply shock stemming from conflict in the Middle East. Strip out gasoline, however, and the pace of inflation looked less intense. Statistics Canada said CPI excluding gasoline rose 2.2% year over year in March, slower than the 2.4% increase recorded in February. Grocery prices still moved higher, with food purchased from stores up 4.4%, while shelter inflation came in at 1.7%. RBC said the March report pointed to an
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BNS
Earnings
- 2/24/26 - Beat
BNS
Sec Filings
- 4/20/26 - Form 424B2
- 4/20/26 - Form 424B2
- 4/20/26 - Form 424B2
- BNS's page on the SEC website