Friday, March 19, 2010
Released at 7:00 a.m. Eastern time
Consumer prices rose 1.6% in the 12 months to February, following a 1.9% increase in January.
James Morton
1100-5255 Yonge Street
Toronto, Ontario
M2N 6P4
416 225 2777
www.jmortonmusings.blogspot.com
I'm surprised people didn't notice that prices went up when Harper reduced the GST. Retailers know what they're doing.
ReplyDeleteThey know people think they're getting a bargain (in their own little minds) when the GST is reduced so they up their prices.
Rural Sandi- There are so many retails going out of business. In most commodities I dont think the price increases are keeping up with the inflation in expenses.Other than Wal-mart which I loathe(lack of community support). There are many more business horror stories than success stories. I just dont think with the current economy and competitiveness in most ares that accusing retails of gouging is accurate.
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