Five things to watch for in the Canadian business world in the coming week

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Inflation print and retail sales are among key data out this week that could lead market sentiment

As the country's real estate market cools, the Canadian Real Estate Association is expected to release home sales figures for July on Monday. Home sales in June were down 24 per cent compared with a year earlier.Statistics Canada will release its monthly survey of manufacturing for June on Monday. The data comes after the agency reported that the Canadian economy stayed flat in May, with real gross domestic product remaining unchanged in May after a 0.3 per cent expansion in April.

1 billion, boosted by higher sales in the food, beverage and tobacco subsector and the machinery, equipment and supplies group.The latest reading on inflation is expected Tuesday when Statistics Canada reports its consumer price index for July. The report for June showed the annual inflation rate rose to 8.1 per cent compared with a year ago, its hottest pace in nearly 40 years. Economists are predicting Canada's inflation rate may have peaked in June as gas prices soared.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Week Ahead: Canadian CPI data due; Earnings from Lowe's and Home Depot - BNN BloombergA look at what investors will be watching in the week ahead
Source: BNNBloomberg - 🏆 83. / 50 Read more »

National home sales: Data shows market slowingNew data shows the Canadian housing market continues to slow, with numbers dropping further in July. Poll: Will home prices drop by 50%? ⚠️ MASSIVE REAL ESTATE FRAUD IN 🇨🇦 CDNmedia
Source: CTVNews - 🏆 1. / 99 Read more »