Canada: CPI in focus this week – NBF
|In view of analysts at National Bank Financial, for the Canadian economy, a lot of attention will be on September’s consumer price index.
Key Quotes
“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%.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.