{"id":18076,"date":"2016-02-22T15:59:03","date_gmt":"2016-02-22T20:59:03","guid":{"rendered":"http:\/\/olduvai.ca\/?p=18076"},"modified":"2016-02-22T15:59:03","modified_gmt":"2016-02-22T20:59:03","slug":"it-was-not-a-merry-christmas-for-canadian-retailers","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=18076","title":{"rendered":"It was not a Merry Christmas for Canadian retailers"},"content":{"rendered":"<h3><a href=\"http:\/\/www.otterwoodcapital.com\/blog\/it-was-not-a-merry-christmas-for-canadian-retailers\/\" target=\"_blank\">It was not a Merry Christmas for Canadian retailers<\/a><\/h3>\n<p class=\"post-meta\">December\u2019s retail sales slump was the worst in seven years, however, the weak demand from consumers didn\u2019t stop retailers from raising prices again (up +2% the past year). I think retailers are adjusting prices to reflect higher import costs, courtesy of a much depreciated Canadian dollar. Based on the hotter than expected core CPI (inflation) for January, it seems that adjustment didn\u2019t end in 2015. If these pressures don\u2019t ease, Canada\u2019s next move may be to hike rates, not cut! Stay tuned.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.otterwoodcapital.com\/static\/media\/uploads\/2016\/02\/retail_prices.png\" alt=\"\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was not a Merry Christmas for Canadian retailers December\u2019s retail sales slump was the worst in seven years, however, the weak demand from consumers didn\u2019t stop retailers from raising prices again (up +2% the past year). I think retailers are adjusting prices to reflect higher import costs, courtesy of a much depreciated Canadian dollar. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[103,1861,12522,12523,426,2446,12524],"class_list":["post-18076","post","type-post","status-publish","format-standard","hentry","category-economics","tag-canada","tag-canadian-dollar","tag-canadian-retailers","tag-dpi","tag-inflation","tag-loonie","tag-otterwood-capital-management"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18076"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18076\/revisions"}],"predecessor-version":[{"id":18077,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18076\/revisions\/18077"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}