- Analytics
- News and Tools
- Market News
- Canada's CPI inflation likely to firm to 2.2% in November – TDS
Canada's CPI inflation likely to firm to 2.2% in November – TDS
Analysts at TD Securities are expecting Canada's CPI inflation to firm to 2.2% YoY in November as a 0.1% MoM decline is offset by sizable base effects from 2018.
- "Gasoline prices fell by 9.4% m/m last November, and more modest declines this year should see the year-ago drag from energy diminish by 0.2pp. Higher food prices should help offset the month-over-month decline in gasoline, while muted base-effects to CPI-trim and CPI-median present a high bar for any pullback in core CPI, which should leave the average of the three near 2.1% y/y. Teranet home prices for November will be published alongside CPI."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
