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50 sats \ 1 reply \ @Undisciplined 1 Jun \ on: No one in Canada could have seen this coming Politics_And_Law
Didn't inflation come in super low, too?
That's an enormous increase in real spending.
Yes, inflation dropped to 1.7%. Annualized nominal GDP growth was 2.1% for the first quarter but that was largely due to exports as American importers stocked up before the tariffs went into effect. It is expected to drop.
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