Example: marketing

Monetary Policy Report

indirect taxes such as the goods and services tax/harmonized sales tax, can cause sizable fl uctuations in CPI infl ation. In setting monetary policy, the Bank seeks to look through such transitory movements in CPI infl ation and focuses on a set of “core” infl ation measures that better refl ect the underlying trend of infl ation.

Tags:

  Seal, Harmonized, Harmonized sales tax

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