{"id":120174,"date":"2025-10-21T16:51:31","date_gmt":"2025-10-21T12:51:31","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120174"},"modified":"2025-10-21T16:51:34","modified_gmt":"2025-10-21T12:51:34","slug":"canadas-inflation-rises-slightly-keeping-pressure-on-the-bank-of-canada","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/canadas-inflation-rises-slightly-keeping-pressure-on-the-bank-of-canada\/10\/21\/market-updates\/","title":{"rendered":"Canada\u2019s Inflation Rises Slightly, Keeping Pressure on the Bank of Canada"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Canada\u2019s <strong>Consumer Price Index (CPI)<\/strong> edged higher in <strong>September<\/strong>, signaling a modest uptick in inflation and complicating the outlook for future <strong>monetary policy<\/strong> decisions by the <strong>Bank of Canada (BoC)<\/strong>.<\/p>\n\n\n\n<p>According to <strong>Statistics Canada<\/strong>, the <strong>CPI rose 2.4% year-on-year<\/strong>, accelerating from <strong>1.9% in August<\/strong> and slightly exceeding market expectations. On a <strong>monthly basis<\/strong>, consumer prices gained <strong>0.1%<\/strong>, reflecting modest price growth across key categories such as housing, transportation, and services.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Core Inflation Remains Firm<\/strong><\/h3>\n\n\n\n<p>The BoC\u2019s <strong>core CPI measure<\/strong>, which excludes volatile items like food and energy, rose <strong>2.8% year-over-year<\/strong> and <strong>0.2% month-on-month<\/strong>, suggesting that <strong>underlying inflationary pressures<\/strong> remain resilient despite slower overall economic momentum.<\/p>\n\n\n\n<p>Among the BoC\u2019s preferred inflation gauges:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <strong>Common CPI<\/strong> increased <strong>2.7%<\/strong>,<\/li>\n\n\n\n<li>The <strong>Trimmed CPI<\/strong> rose <strong>3.1%<\/strong>, and<\/li>\n\n\n\n<li>The <strong>Median CPI<\/strong> climbed <strong>3.2%<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>These indicators, which help filter out temporary price swings, highlight that <strong>underlying inflation remains above the BoC\u2019s 2% target<\/strong>, reinforcing expectations that the central bank may adopt a cautious stance before considering interest rate cuts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s Consumer Price Index (CPI) edged higher in September, signaling a modest uptick in inflation and complicating the outlook for future monetary policy decisions by the Bank of Canada (BoC). According to Statistics Canada, the CPI rose 2.4% year-on-year, accelerating from 1.9% in August and slightly exceeding market expectations. On a monthly basis, consumer prices &hellip;<\/p>\n","protected":false},"author":9,"featured_media":94615,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,37,36],"tags":[],"class_list":["post-120174","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120174"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120174\/revisions"}],"predecessor-version":[{"id":120175,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120174\/revisions\/120175"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/94615"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}