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Canada CPI Preview

Canada CPI Preview

Statistics Canada will release September Consumer Price Index (CPI) data on Wednesday, 19th October at 15.30 GMT+3.

Economists expect inflation will ease for a third straight month in September but still remain significantly higher than the Bank of Canada’s two percent target.

The median estimate from economists tracked by Bloomberg is for a 6.8 percent year-over-year increase in Canada’s consumer price index (CPI) during September. In August, Statistics Canada reported inflation rose seven percent on a year-over-year basis, which was down from 7.6 percent in July.

With inflation running well above its two percent target, the Bank of Canada is expected to deliver another interest rate hike, making it the sixth consecutive increase this year.

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To find out more about Errante, visit https://errante.eu.

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Notely Trading Limited is an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) under license number 383/20, registration number HE394425 and with registered office at 30 Karpenisiou, 1077 Nicosia, Cyprus. The Company is governed by the Markets of Financial Instruments Directive (MiFID II) of the European Union.

The website (www.errante.eu) is operated by Notely Trading Ltd.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 33.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Read our Risk Disclosure.

Errante brand is authorised and regulated in other jurisdictions:

Errante Securities (Seychelles) Ltd (https://errante.com/) is regulated by the Seychelles Financial Services Authority (FSA) under license number SD038.

Errante is a Trademark owned by an entity of the Errante Group. All other trademarks that appear on this website are the property of their respective owners.

Regional Restrictions: Notely Trading Ltd currently provides its services on a cross-border basis within EEA states under the MiFID regime. We do not provide our services to residents of certain jurisdictions including, but not limited to, USA, Syria, Japan, North Korea, Iraq, Belgium, and Canada. The Company holds the right to alter the above lists of countries at its own discretion.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 33.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Read our Risk Disclosure.

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