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Canada's Inflation Rate Sharply Lower as Energy Prices Tumble

Discussion in 'Fundamental Analysis' started by ActionForex.com, Nov 21, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Canadian consumer prices fell by a greater-than-expected 1% in October with the year-over-year rate slipping to 2.6% from 3.4% in September. The monthly decline was the largest since June 1959. Expectations had been for prices to fall by a more modest 0.6%. The seasonally adjusted index fell 0.5% in October...

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