trending Market Intelligence /marketintelligence/en/news-insights/trending/IVUUKyCiqXpYbucL88Kp_g2 content esgSubNav
In This List

Canada's annual inflation held steady in September

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Canada's annual inflation held steady in September

Canada's annual inflation rate was unchanged in September compared to the previous month amid a decline in gas prices, according to latest data from Statistics Canada.

Consumer prices rose 1.9% year over year last month, matching the rate in August and the consensus estimate of economists polled by Econoday.

Energy prices went down 4.6% as gasoline prices declined 10.0%, partially due to weaker global demand for oil and a switch by refineries to cheaper winter-blend gasoline.

Prices for food and shelter increased by 3.7% and 2.3%, respectively, in September. Excluding food and energy, the consumer price index was up 2.1%.

Prices for goods went up 1.3%, a faster pace compared to the previous month, while the increase in services prices slowed to 2.2%.

On a seasonally adjusted monthly basis, consumer prices were down 0.1% in September, the same rate of decline in the previous month.