Highlights of the Canadian inflation report for September 2015
– Prior was +1.3% y/y
– CPI -0.2% non-seasonally adjusted m/m vs -0.1% exp
– Core CPI 2.1% y/y vs 2.2% exp
Another reason to sell the Canadian dollar this week. It compounds yesterday’s retail sales report and the BOC’s dovish talk a day earlier.
