Canada CPI Rises to 3.1% on Gasoline Surge, but All Three BoC Core Measures Ease

Canada’s headline CPI accelerated from 3.0% yoy in August to 3.1% in September, but came in below market expectations of 3.2%, as higher gasoline prices drove the increase. On a monthly basis, CPI rose 0.1%, following a 0.1% decline in August and undershooting expectations for a 0.2% increase. According to Statistics Canada, gasoline inflation accelerated […] The post Canada CPI Rises to 3.1% on Gasoline Surge, but All Three BoC Core Measures Ease appeared first on ActionForex.