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Canada, inflation
Canada's inflation rate jumps back to 2%, curbing large rate-cut bets
Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, causing markets to scale back bets on a big rate cut next month.
Canada’s inflation rate rose to 2 per cent in October
Canada’s inflation rate rose to two per cent in October, up from the 1.6 per cent for September, Statistics Canada said on Tuesday morning.
Canada Inflation Edges Up to 2% in October
The slight acceleration in prices—still within the Bank of Canada’s target range—diminishes the chance of another jumbo interest rate cut in December.
Canada's annual inflation rate rises to 2% in October
Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, likely diluting chances of another large rate cut in December.
Canada inflation exceeds forecast, likely thwarting another big rate cut
Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month.
Traders Trim Big Canada Rate Cut Bets After Inflation Uptick
Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month.
October inflation a 'disappointment' for the Bank of Canada ahead of December rate decision
On Tuesday, Statistics Canada said the Consumer Price Index (CPI) accelerated to two per cent, from a 1.6 per cent annual pace in September, pointing to base-year effects on gasoline prices. Economists polled by Reuters expected the annual inflation rate rose to 1.9 per cent last month, according to LSEG Data & Analytics.
Canada Inflation Hovers At 2%, More Rate Cuts Expected
Canada's inflation rate was two percent year-on-year in October, the country's statistics agency said Tuesday, a figure in line with the central bank's targets and likely to set up another interest rate cut.
Canada’s Inflation Rate Rises To 2% In October
Canada’s annual inflation rate rose to 2% in October, up from 1.6% in September, as the decline in gasoline prices moderated, Statistics Canada reported on Tuesday. The increase brings
Canada September retail sales up 0.4% on food; seen up 0.7% in October
Canadian retail sales grew by 0.4% in September from August at C$66.94 billion ($47.82 billion), led by higher sales at food and beverage retailers, Statistics Canada said on Friday. Sales were likely up 0.
Canada Retail Sales +0.4% In Sep From Aug
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
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Why is inflation heating up at the grocery store again? Blame the loonie
While overall inflation has moderated, consumers are once again feeling the pinch on groceries. Here's why, plus some tips to ...
4d
on MSN
Canada's inflation rate jumps back to 2%, likely curbing large rate-cut bets
Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous ...
4d
Annual inflation rate in Canada rises to 2% in October
Learn about two popular ETFs, EWC and FLCA, along with the currency pair USD/CAD in this insightful financial article.
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