Business Brief: The immaculate disinflation


Source: theglobeandmail.com theglobeandmail.com

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Good morning, today is all about inflation, or more importantly, the lack thereof. Consumer Price Index figures for July show that inflation continues to fade from the Canadian economy, with CPI growth dropping to its lowest level since March, 2021. Same goes for the U.S., according to data released last week. Across the continent, disinflation is one of the hottest trends of the summer. So, have policy makers done the improbable, and slain the inflationary beast without sacrificing the economy? We’ll delve into that question below. Up Top Time is on Alimentation Couche-Tard Inc.’s side as the convenience store operator...