The Daily Tuesday, September 19, 2023
Press Release
Consumer Price Index, August 2023
The Consumer Price Index (CPI) rose 4.0% on a year-over-year basis in August, following a 3.3% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.6% in August.
Job vacancies, second quarter 2023
Job vacancies decreased by 55,500 (-6.6%) to 780,200 in the second quarter, continuing a steady downward trend seen over the past year.
Monthly credit aggregates, July 2023
In July, the total credit liabilities of households increased $7.6 billion (+0.3%) to reach $2,869.5 billion. Real estate secured debt, composed of both mortgage debt and home equity lines of credit, grew $5.1 billion (+0.2%). Household mortgage debt rose $5.9 billion (+0.3% on a monthly basis; +3.4% on an annualized basis), representing the second consecutive month of accelerated growth following three consecutive months of slowdown.
Motor vehicle fuel sales, 2022
The demand for motor vehicle fuels continued to rebound in 2022, with gross sales of gasoline in Canada at 42.5 billion litres, up 5.6% from 2021. Fuel sales have reached roughly 95% of the levels from 2019 (44.8 billion litres), before the COVID-19 pandemic. At roughly 18.3 billion litres in 2022, net sales of diesel fuel were just above (+2.4%) the pre-pandemic 2019 level.
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