Canadian Dollar Quiet Ahead of Canadian CPI - Action Forex
Canada’s inflation rate has been dropping and the markets are expecting good news from today’s inflation release. October inflation is expected to have declined to 3.2%, compared to the 3.8% gain in September. Monthly, CPI is expected to increase to 0.1%, up from -0.1% in September. CPI Trimmed Mean, a key core inflation gauge, is projected to dip to 3.6%, down from 3.7% in September.
Canada’s inflation rate has been dropping and the markets are expecting good news from today’s inflation release. October inflation is expected to have declined to 3.2%, compared to the 3.8% gain in September. Monthly, CPI is expected to increase to 0.1%, up from -0.1% in September. CPI Trimmed Mean, a key core inflation gauge, is projected to dip to 3.6%, down from 3.7% in September.
