While the official inflation rates are usually less than 2% , the reality and the market seem to have their prices going far faster than that ratio , example, a patio chair was $99 last year , this year it is $130 , same applied for houses that are expected to increase 20-30% this year.
What does that mean , employees purchasing power will shrink by 30% . What does that mean :
People will buy from Dollar store shops more
Less demand on luxury items
Less vacation trips
More buying on...
Read more
What does that mean , employees purchasing power will shrink by 30% . What does that mean :
People will buy from Dollar store shops more
Less demand on luxury items
Less vacation trips
More buying on...
Read more
from Real Inflation rates in Canada, why nobody want to discuss
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