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Wholesale Price Index (WPI) WPI first published in 1902, and was one of the more economic indicators available to policy makers until it was replaced by most developed countries by the Consumer Price Index in the 1970s. WPI is the index that is used to measure the change in the average price level of goods traded in wholesale market.
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
In May 2020, Air Canada announced it would lay off 20,000 employees, even though they received the Canada Emergency Wage Subsidy. [40] On 21 April 2020, Air Canada announced a suspension of all scheduled flights to the U.S. from 27 April 2020 to 22 May 2020, "subject to any further government restrictions beyond that date." [41] [42]
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With the latest data in the Consumer Price Index, released by the U.S. Bureau of Labor Statistics on Tuesday, Dec. 13, groceries went up by 0.5% as of November.
Excluding more volatile food and energy prices, the CPI will likely have risen by 4.9% over last year, also speeding up from October's 4.6% and representing the fastest increase since 1991.
The inflation rate is most widely calculated by determining the movement or change in a price index, typically the consumer price index. [48] The inflation rate is the percentage change of a price index over time. The Retail Prices Index is also a measure of inflation that is commonly used in the United Kingdom. It is broader than the CPI and ...
Ontario's net debt-to-GDP ratio will rise to 40.7% in the year 2019–2020. [4] Ontario is the most populous province of Canada, with a population of approximately 14.19 million permanent residents in 2017. [5] It is Canada's leading manufacturing province, accounting for 46% of the manufacturing GDP in 2017. [6]