Home / Market Update / Annual CPI Rises to 4.7% in October

Annual CPI Rises to 4.7% in October

The annual rate of headline Consumer Price Inflation (CPI) in Canada rose to 4.7% in October, in line with median economist forecasts and up from 4.4% in September, according to data published by Statistics Canada on Wednesday. MoM, headline CPI rose at a pace of 0.7%, also in line with forecasts.

Check Also

Ascent Above $4,200: Rate Cut Anticipation and Geopolitical Fear Drive Gold’s Historic Surge

Gold is currently undergoing an explosive and historic rally, trading firmly above the $4,200 mark, …