Canada's annual inflation rate in August rises less than expected

Canada's CPI rises 1.9 pct in August

OTTAWA, Sept. 16 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 1.9 percent year over year in August, up from a 1.7 percent increase in July, Statistics Canada said Tuesday. Read full story

Rate cut from BoC ‘almost a given,’ economist says after latest inflation print

A day before the Bank of Canada is scheduled to make its next interest rate decision, a cut from the central bank remains almost certain, an expert said, following the release of August inflation data from Statistics Canada.

Canada’s inflation rate ticks up in August amid higher meat prices. Will the Bank of Canada cut interest rates?

Amid signs of higher inflation and economic uncertainty, many economists expect the Bank of Canada to cut its benchmark interest rate during the next rate announcement on Sept. 17.

Inflation Growth Hits 1.9 Percent in August

Prices at the pumps pushed Canada’s headline inflation rate up nearly 2 percent last month, according to new data from Statistics Canada. The headline inflation rate reached 1.9 percent in August, nearly aligning with economists’ forecasts that inflation would increase to 2 percent, up from 1.7 percent in July. The 0.2 percent increase in August was driven by a 1.4 percent increase in gas prices month-over-month, as elevated refining margins mit…

Inflation ticks upwards, but still below Bank of Canada target

A day ahead of the Bank of Canada policy rate announcement, Statistics Canada reports inflation ticked upwards in August to 1.9 per cent year-over-year.

August inflation rate ticks up to 1.9%, rising less than expected

Bank of Canada will be eyeing the numbers ahead of Wednesday’s interest rate decision, widely expected to be a cut