Canada’s headline CPI eased from 2.4% yoy to 2.3% yoy in January, slightly below expectations of unchanged inflation. The moderation was largely driven by gasoline prices, which fell -16.7% yoy following a -13.8% decline in December. The sharper drop at the pump was the main contributor to the slowdown in headline inflation. However, underlying price […]
The post Canada CPI slows to 2.3% in January as gasoline drives deceleration appeared first on ActionForex.
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