FX & CFD trading involves significant risk
Statistics Canada released consumer price inflation data today. Canadian consumer price inflation increased 0.1% in September, exceeding expectations for a flat reading, after a flat reading in August.
On a yearly basis, the consumer price index fell to 2.0% September from 2.1% in August.
The consumer price index was driven by higher prices for shelter and food. Shelter costs rose 2.7% in September, while food prices climbed 2.7%.
Canadian core consumer price index, which excludes some volatile goods, climbed 0.2% in September, exceeding expectations for a 0.1% rise, after a 0.5% increase in August.
On a yearly basis, core consumer price index in Canada remained unchanged at 2.1% in September.
The Bank of Canada's inflation target is 2.0%.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.