Inflation data and Middle East conflict uncertainty are affecting consumer spending and gas prices in Canada.

The entities involved

• Statistics Canada →

  Canada's principal government institution in charge of statistics and census data

  • Statistics Canada released new data detailing trends in self-employment, gig work, and long-term unemployment.Mon 11:01
  • Statistics Canada reported new data on victims of intimate partner violence, with support organizations in Vancouver also active.Mon 05:20
• Bank of Canada →

  central bank of Canada

  • The Middle East conflict is driving higher fuel costs.Mon 05:46
  • Inflation data from Statistics Canada is guiding the Bank of Canada's interest rate decisions, alongside trade talks and global financial shifts.Sun 16:58
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• The Conference Board is tracking consumer confidence and inflation expectations as the Iran conflict drives regional instability and causes oil prices to soar.Jun 7
• Westpac is providing key inflation trend data to the RBA, influenced by the widening impact of the Iran conflict on the broader Australian economy.Jun 7
• Iran war fueled high inflationJun 11
• The Bank of Canada monitored inflation and interest rates amid deepening trade war and Middle East oil supply disruptions.Sep 15
• Geopolitical instability stemming from the Iran war is affecting consumer prices and forcing tankers into longer routes.Sep 10