Canada: Inflation slips slightly
Saturday, 18 October 2014
Canada's annual inflation rate was 2.0 per cent in September, a slight dip in the cost of living from the previous month, Statistics Canada said Friday. The inflation rate had been up 2.1 per cent in the months of August and in July, according to the federal agency's consumer price index. The Statistics Canada report said in the 12 months leading up to September prices rose in all consumer categories it looks at, with higher housing and food prices leading the way. The inflation rate for September matched the consensus expectations of economists. The Bank of Canada is expected to make its next rate announcement on Oct. 22 when it will also release its latest monetary policy report, according to thestarphoenix.com