Personal Finance

Towards a Healthier Financial Future

Topic: "Inflation"

← Curating the web to find the most interesting and helpful information about your money.

Did you know?

Americans spend $779 on food per month, with almost two-thirds being spent on groceries ($475) and the rest on eating out ($303), according to the Bureau of Labor Statistics' Consumer Expenditure Survey.

American Households' Average Monthly Expenses →

Word of the week

Consumer Price Index (CPI)

A measure of the average change over time in prices paid by consumers, for a basket of consumers goods and services.

Why the Consumer Price Index (CPI) is Important →

Did you know?

Canada’s Food Price Report 2023 predicts Canadian families will spend up to $1065 more on food than in 2022.

See predictions on annual food expenditures for individual consumers based on their age and gender. →

Did you know?

Nearly 3 in 4 Canadians report rising prices impacting their ability to meet day to day expenses in 2022, according to StatsCan.

See where you can save more money →

Did you know?

Asking rents in Canada increased 9.7% annually to an average of $1,984 in February. The annual rate of rent inflation has been moderating since reaching a high of 12.4% in November 2022.

Learn how much rent inflation has grown in your neighbourhood →

Word of the week

Inflation

Inflation is a persistent rise in the average level of prices over time.

Price check: Inflation in Canada →

Infographic of the week

How much more are groceries costing you this year?

Mapped: Which Countries Have the Highest Inflation?

How much more are groceries costing you this year? See how Canada compares to the rest of the world →

← Curating the web to find the most interesting and helpful information about your money.