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Report - Canada - Core inflation steady despite oil prices
Toronto,Ontario, Canada -The Toronto Star, by DAVID PADDON -Apr. 21, 2006: -- Despite the recent spike in fuel prices, economists say there's little evidence that higher energy costs have had a significant impact on Canada's core inflation... In some cases, that's because businesses can compensate for higher energy prices by cutting costs in other areas, such as labour expenses, or improving the fuel-efficiency of their operations or products... Other producers may need to pass along their costs but find their customers resist paying more, and that means their investors and employees feel the impact of high fuel prices long before consumers do...
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