Canadian Inflation Moderates In August
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Canadian headline inflation eased to 7.0% y/y (-0.3% m/m) in August, down from 7.6% y/y (0.1% m/m) in July. Notably, this is a positive surprise to consensus estimates which had expected a less pronounced deceleration to 7.3% y/y (-0.1% m/m). In particular,…
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