Canada Consumer Price Index inflation softens to 3.8% in September vs. 4% forecast
Keuangan Canada Consumer Price Index inflation softens to 3.8% in September vs. 4% forecast 1 menit yang lalu Berita Bitcoin Ethereum Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), declined to 3.8% on a yearly basis in September from 4% in August. This reading came in below the market expectation of 4%. On a monthly basis, the CPI declined 0.1%, following the 0.4% increase recorded in August. In the meantime, the Bank of Canadas (BoC) annual Core CPI, which excludes volatile food and energy prices, increased 2.8%, compared to 3.3% in August. “The year-over-year deceleration was broad-based, stemming from lower prices for some travel-related services, durable goods and groceries,” Statistics Canada noted in its press release. “Offsetting the deceleration in the all-items CPI was a year-over-year increase in gasoline prices, which rose at a faster pace in September (+7.5%) compared with August (+0.8%) due to a base-year effect.” Market reaction to Canada inflation data Soft inflation data weighed on the Canadian Dollar with the immediate reaction. At the time of press, the USD/CAD pair was up 0.55% on the day at 1.3685. Harga Dolar Kanada hari ini Tabel di bawah menunjukkan persentase perubahan Dolar Kanada (CAD) terhadap mata uang utama yang terdaftar saat ini. Dolar