Inflation cools in September, easing pressure on Bank of Canada ...Middle East

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Breadcrumb Trail Links News Economy Rate hikes likely at an end after broad-based deceleration in prices, say economists Published Oct 17, 2023  •  3 minute read Inflation cooled more than expected in September. Photo by National Post Article content Canadian consumers got something of a reprieve in September, with inflation moderating to a 3.8 per cent annualized pace, down from 4 per cent a month before. That 3.8 per cent figure was also below the estimates of economists, whose consensus view was that price pressures would hold steady at 4.0 per cent for the month. So-called trim and median inflation — the Bank of Canada’s preferred measures, as they strip out some of the

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