Canada CPI dropped -0.3% mom in August, below expectation of -0.1% mom. That’s the largest monthly decline since early months of the pandemic. For the 12-month period, CPI slowed from 7.6% yoy to 7.0% yoy, below expectation of 7.3% yoy. That’s also the second consecutive slowdown in the year-over-year rate, largely driven by lower gasoline […]
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