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Canada, inflation

Canada's inflation rate jumps back to 2%, curbing large rate-cut bets

Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, causing markets to scale back bets on a big rate cut next month.

Global News · 2d

Canada’s inflation rate rose to 2 per cent in October

Canada’s inflation rate rose to two per cent in October, up from the 1.6 per cent for September, Statistics Canada said on Tuesday morning.

Bloomberg L.P. · 3d

Traders Trim Big Canada Rate Cut Bets After Inflation Uptick

Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month.

Canada retail sales rises

Canada's September retail sales add to signs of rebound in consumer spending

Canada's retail sales grew 0.4% in September as consumers spent more at grocery stores and supermarkets, data showed on Friday, and ensured the first quarterly increase in sales this year.

MarketWatch · 21h

Canada Retail Sales +0.4% In Sep From Aug

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EconoTimes · 6h

Canada retail sales rises in September

According to Statistics Canadas preliminary estimate, retail sales increased by a strong 0.4% month-over-month (m/m) in September. When inflation was taken into account, the gain was even more noticeable,

2d

Rates In Focus: Higher October Inflation Cools The Prospects Of A Jumbo BoC Rate Cut

Canada’s inflation rate edged back to BoC’s 2% target in October, higher than expected. TD Asset Management's Sam Chai looks ...

GST holiday break: Is it good for Canada’s economy?

Canadians who worked in 2023 and earned up to $150,000 would also receive a $250 cheque in the spring. About 18.7 million ...

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