Headline CPI rose to 4.0% year-over-year as surging oil prices pushed energy costs higher. The increase was above market expectations for a 3.8% reading with growth in broader ‘core’ measures also accelerating more than expected. Most of the acceleration in year-over-year price growth came from rising energy costs – gasoline prices edged above year-ago levels […]
The post Canadian Inflation Pressures Accelerated in August appeared first on Action Forex.