Canadian Inflation Steadies

Posted by Drew Zimmerman

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The Consumer Price Index (CPI) rose 1.1% in the 12 months to September, matching the increase in August.

The Bank of Canada’s core index rose 1.3% in the 12 months to September, matching the increase in August.

On a monthly basis, the seasonally adjusted core index rose 0.1% in September, after posting no change in the previous month.

As the CPI came in as expected the Canadian Dollar is unchanged on the day.

 

Drew Zimmerman

Investment & Commodities/Futures Advisor

604-664-2842 – Direct

604 664 2900 – Main

604 664 2666 – Fax

800 810 7022 – Toll Free

dzimmerman@pifinancial.com

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