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2025-09-16 20:36:48
Canada's August Inflation Rebounded Less Than Expected: (1) Canada's annualized inflation rate rose to 1.9% in August, a slight increase from 1.7% in July, but below the market expectation of 2.0%. (2) The narrowing year-on-year decline in gasoline prices (-12.7% in August, compared to -16.1% in July) was a key factor driving the rebound in overall inflation. (3) The trimmed mean core CPI, a closely monitored measure by the Bank of Canada, fell to 3.0% in August, down from 3.1% in July, in line with market expectations. (4) Despite the slight rebound in inflation, core inflation indicators continued to moderate, providing room for the central bank to adjust its monetary policy.
