canada inflation news

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.

Bloomberg L.P. · 4d

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.

Wall Street Journal · 3d

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.

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 ...

Rates In Focus: Higher October Inflation Cools The Prospects Of A Jumbo BoC Rate Cut

Canada’s inflation rate edged back to BoC’s 2% target in October, higher than expected. TD Asset Management's Sam Chai looks ...

CBC.ca4d

Inflation ticked up to 2% in October after previous month's steep drop in gas prices

Canada's inflation rate ticked up to two per cent in October, Statistics Canada said on Tuesday. The consumer price index had previously hit 1.6 per cent in September, thanks to a steep decline ...

Canada's September retail sales add to signs of rebound in consumer spending

Canada's retail sales grew 0.4% in September as consumers spent more at grocery stores and supermarkets, data showed on ...

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