Investors buy gold because they think that gold is a hedge against inflation. The value of the paper currency falls in terms of the goods and services that it can buy and inflation goes in the opposite direction; up. 519 more words
Tags » Consumer Price Index
The somewhat parochial nature of domestic Australian investors results in a constant pool of capital that is either invested in property, shares or cash.
Where has been allot of media frenzy about the rise of Australian property so far this year as prices (primarily driven by Sydney and Melbourne residential property) have ended the 2014 calendar year up 8% and have continued to show strength into January and February of this current year. 801 more words
WATCH: Eric Sorensen reports on the good and the bad of the slumping value of the loonie and the low price of oil.
OTTAWA – Slumping gas prices continue to be a drag on Canada’s annual inflation rate, which slowed to 1.0 per cent in January, Statistics Canada… 339 more words
Lower gasoline prices at the pump was good news for Calgary and Alberta consumers in January.
Statistics Canada reported Thursday that consumer prices in the month rose by only 0.8 per cent year-over-year in Alberta and by 1.2 per cent in the Calgary census metropolitan area while the Consumer Price Index was up 1.0 per cent nationally. 693 more words
On Friday Canada’s December retail sales suffered their biggest monthly decline in more than four years, plunging 2.0% within growing uncertainty about the Canadian economy. 165 more words