Ivey index suggests economy still solid
The Canadian economy is reported by Ivey to be continuing with rapid expansion. What the article fails to note explicitly, is whether the level of expansion noted is inflationary.
reportonbusiness.com: Ivey index suggests economy still solid
The index is not adjusted for inflation or seasonal factors, and University of Western Ontario professor Michiel Leenders, director of the index, noted that the price subindex stood at 84.1 in June — the highest since its inception.
