Canada, Inflation

Why Canada's inflation rate ticked up again — and what it means for you
Canada's inflation rate hit two per cent in October, an increase over the last month, but that doesn't mean that Canada is missing its target. CBC senior business reporter Armstrong breaks down why there's an uptick and the effect on Bank of Canada interest rate cuts.
Canada Inflation Rises to 2%, Likely Thwarting Bigger Rate Cuts
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.
Canada's inflation rate jumps back to 2%, 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 month, data showed on Tuesday, shrinking market bets for a bigger rate cut next month.
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 ticks back up to two per cent in October, StatCan says
Canada’s inflation rate rose to two per cent last month, up from 1.6 per cent in September, as gasoline prices exerted less downward pressure on annual price growth.
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's inflation rate rises 2 per cent, grocery prices accelerate
Canada's annual inflation rate jumped two per cent in October, due in part to the base-year effect on gasoline prices. In September prices increased at a 1.6 per cent annual pace. Statistics Canada said on Tuesday the Consumer Price Index (CPI) rose 0.
Statistics Canada set to release October inflation figures today
OTTAWA — Statistics Canada is expected to release its October consumer price index report this morning. Economists polled by Reuters expect the annual inflation rate rose to 1.9 per cent last month, according to LSEG Data & Analytics.

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