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Friday, July 17, 2009

Inflation Rate Looks Good Here at Home

It's another sign our local economy continues to chug along -- Stats-Canada says our inflation rate climbed out of negative territory and we actually posted a slight increase in prices last month.

That goes against the grain nationally where Stats-Canada pegged the national inflation rate in negative territory thanks to falling prices. But economists say the so called "deflation" will be short lived.

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