The rate of inflation up to 2.4% in October



Canada's annual inflation rate was still above the bank's target for the ninth month only in October, and data was shown on Friday, but there were not many signs in the country; The name of the Canadian Bank that would travel levels next month.

The Canadian Statistics showed that the level of annual inflation amounted to 2.4 per cent from 2.2 per cent in September. Reuters voters had said it would hold 2.2 per cent.

The central bank, which says that the inflation will move back to the 2 per cent target too early in 2019, is to indicate that the next level determination rates 5 December.

Andrew Grantham, economist of CIBC's Capital Markets said that there would be lower prices for oil – one of the main export in Canada – to start to & # 39; slowly down the inflation.

"We do not see anything here to bring a Canadian Bank hand to the end of Christmas," he said in a telephone interview.

Marketed expectations expected to have a level-level interest on December 5, as shown in the & # 39; market overnight transitors, to 23.20 per cent from 23.40 per cent. Earlier this month, that number was over 30 per cent.

There are two of the three key poverty measures posted by a major bank CPN, which the bank says that the economy is not the best of economic performance, with no change of 1.9 per cent.

"I think we're going to see the biggest number falling below 2 per cent in reading in November," Doug Porter, chief economist of BMO's Capital Markets, said.

The Canadian Bank has been showing five times since July 2017, and says there needs to be an increase. Rates are rising at "just" at the right speed, Governor Stephen Poloz said on November 5.

Prices for travel journeys increased by 3.0 per cent from October 2017 compared to a 4.4 per cent year anniversary decline in September. 1.7 per cent passenger vehicle prices rose compared to an earlier year on the lower appeals and more modules.

The Canadian salar has expanded its data decline, and costs $ 1,3244 to US dollar, or 75.51 cents U.S.

Statscan said that sales sales increased by 0.2 per cent in September from August, partly due to higher sales at food stores. Affecting price changes, the 0.5 percent volumes increased.

"I think it's a wonderful surprise. It's good to see the books that appear, a good way to end the fourth," said Brian DePratto, a bank banker's economist.


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