Canada: Annual CPI declines to 7% in August vs. 7.3% expected – by eren_fxstreet Canada CPI Inflation Macroeconomics
USD/CAD trades in positive territory above 1.3300 after the data., fell to 7% in August from 7.6% in July, the data published by Statistics Canada showed on Tuesday. This reading came in lower than the market expectation of 7.3%.
The Bank of Canada's Core CPI, which excludes volatile food and energy prices, declined to 5.8% on a yearly basis from 6.1% in July, compared to analysts' estimate of 6%.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.
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