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Headline CPI inflation increased in January to 1.9% year-on-year (y/y), slightly above expectations for a 1.8% y/y print and more than the 1.8% y/y reading from December. The Bank of Canada’s preferred “core” inflation measures also increased to 2.7% y/y, from 2.6% y/y in December. Energy prices were the main driver of higher inflation, with […]

The post Canadian Inflation Moves Higher in January appeared first on Action Forex.

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