Article Date 22/07/2021

Housing, alcohol and weed: Canadians' pandemic spending habits are changing how inflation is measured

Source Financial Post

Statistics Canada has overhauled the basket of goods and services that it uses to measure inflation, reflecting the extent to which the pandemic and lockdowns have shifted Canadians' spending habits.
Among the new entries on the list of roughly 700 items that comprise the Consumer Price Index (CPI) basket are video-game consoles and delivery fees, symbols of a year spent hunkered down at home, as Canadians sought to escape boredom on their screens and by ordering stuff online.

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