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14.10.2019, 11:42

Canada's CPI in focus this week – NBF

Analysts at National Bank Financial (NBF) believe that, in Canada, a lot of attention will be on September’s consumer price index.

  • “Gasoline prices were essentially in line with seasonal patterns in the month, a development which may translate into a flat reading for headline inflation (m/m, not seasonally adjusted). This rather soft print would still allow the 12-month rate to gain 5 ticks to 2.4%, thanks to a positive base effect. The annual rate of CPI-common, for its part, could rise one tick to 1.9%.”

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