Canada: CPI in focus this week – NBF

Sandeep Kanihama FXStreet Contributor

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%.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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