Question: For this question, you get to do economic data research! You are going to need data on inflation - the Consumer Price Index - which

For this question, you get to do economic data research! You are going to need data on inflation - the Consumer Price Index - which you can find on the Bank of Canada website.

What is the difference between total CPI and core CPI?

What have been the trends in inflation in Canada in 2018, 2019 and 2020, in terms of core and total CPI? Are the trends the same for core and total CPI? For Core CPI use CPIX data provided by Bank of Canada. What might be contributing to the current inflation trends? If core and total CPI are behaving differently now, why might that be?

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