High inflation in 2022 in Canada : demand-pull or supply-push? / by Weimin Wang.: CS36-28-0001/2024-5-5E-PDF

"This article examines whether the high inflation in 2022 in Canada was demand–pull or supply–push. It finds that at the aggregate level, Canada’s household final consumption expenditure grew at a much higher rate than gross domestic product from early 2021 to mid-2022 and that headline inflation accelerated during this period. These findings suggest that the aggregate excess demand for consumption and high inflation in 2022 were highly related. This article also decomposes inflation in the price of household final consumption into the contributions by detailed products consumed"--Abstract, page 1.

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Publication information
Department/Agency Statistics Canada, issuing body.
Title High inflation in 2022 in Canada : demand-pull or supply-push? / by Weimin Wang.
Series title Economic and social reports, 2563-8955 ; Vol. 4, no. 5, May 2024
Publication type Series - View Master Record
Language [English]
Other language editions [French]
Format Electronic
Electronic document
Note(s) Cover title.
"Release date: May 22, 2024."
At head of title: Insights.
Issued also in French under title: L’inflation élevée au Canada en 2022 : inflation par la demande ou inflation par l’offre?
Includes bibliographical references (page 11).
Publishing information [Ottawa] : Statistics Canada = Statistique Canada, 2024.
Author / Contributor Wang, Weimin, 1963- author.
Description 1 online resource (11 pages) : graphs.
Catalogue number
  • CS36-28-0001/2024-5-5E-PDF
Departmental catalogue number 36-28-0001
Subject terms Inflation (Finance) -- Canada -- Statistics.
Consumer price indexes -- Canada -- Statistics.
Economic indicators -- Canada -- Statistics.
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