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Why Canadian Inflation Will Probably Decline from Here - Integrated Mortgage Planners
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Why Canadian Inflation Will Probably Decline from Here - Integrated Mortgage Planners
Last week Statistics Canada confirmed that our Consumer Price Index (CPI) decreased from 2.4% in September to 2.2% in October on a year-over-year (YoY) basis, which was in line with consensus expectations. The Bank of Canada’s various measures of core inflation were a mixed bag – with some moving up and others moving down. All told, the latest inflation data probably won’t materially alter the Bank’s assessment of our overall inflation pressure.…
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