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Daily Stats
For additional information relating to Daily Stats or any of our products, please contact:

Thomas StorringDirector, Economics and Statistics
Tel: 902-424-2410Email: Thomas.Storring@novascotia.ca

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January 17, 2018
BANK OF CANADA MONETARY POLICY

The Bank of Canada increased its target for the overnight rate by 0.25 percentage points to 1.25 per cent. The Bank Rate is correspondingly 1.5 per cent and the deposit rate is 1.0 per cent.

 

Global Growth

The global economy continues to strengthen and broaden across countries. Growth in the US and other advanced economies remains solid with inflation below central bank targets but expected to rise. Global financial conditions remain accommodative a...

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January 17, 2018
EU AND EURO AREA CONSUMER PRICE INFLATION, DECEMBER AND ANNUAL 2017

In December, annual inflation was 1.4 per cent in the Euro Area (down from 1.5 per cent last month) and 1.7 per cent in the European Union (down from 1.8 per cent last month). In December 2016, inflation in the Euro Area and EU was 1.1 and 1.2 per cent, respectively.

The highest annual rates in December were recorded in Lithuania and Estonia (both 3.8 per cent), and in the United Kingdom (3.0 per cent).  The lowest rates were registered in Cyprus (-0.4 per cent), Irelan...

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January 16, 2018
NON-RESIDENTIAL CONSTRUCTION INVESTMENT Q4 2017

Nova Scotia's non-residential building construction investment (seasonally adjusted) was $154.9 million in the third quarter of 2017. This was 1.8 per cent lower than the previous quarter owing to decreases in industrial (-0.7%) and commercial (-3.9%) offsetting an increase in institutional and governmental (+4.9%).

Compared to the same quarter last year (Q4 2016), non-residential building construction increased 5.4 per cent. Activity was lower in the largest subsector commercia ...

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January 16, 2018
NEW MOTOR VEHICLE SALES, JANUARY-NOVEMBER 2017

In January-November 2017, Nova Scotia motor vehicle unit sales increased 8.9% over Jan-Nov 2016. The 55,797 new vehicles sold in January-November represented a value of $1.98 billion, up 13.6% compared with motor vehicle sales values from the same period in 2016.


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January 16, 2018
UK CONSUMER PRICE INDEX, DECEMBER AND 2017 ANNUAL

In December 2017, the Consumer Price Index rose by 3.0 per cent over the year since December 2016, down slightly from the year over year rate last month. The rate has been steadily increasing following a period of relatively low inflation in 2015.

The main contributors to upward pressure on the rate were increases in the prices of tobacco, petrol and diesel. Downward pressures came from air fares and recreational goods.  

Note: The UK has recently expanded the commentary ...

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