The Canadian Press

2015-10-23 | Statcan CPI Inflation

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Canada's inflation rate fell to one per cent in September, down from 1.3 per cent in August. Statistics Canada says the drop was due to a larger year-over-year fall in gasoline prices, which were down 18.8 per cent compared with last year. Paul Ashworth is the chief North America economist at Capital Economics. He says the drop in oil and weakness of the dollar are having opposing effects, but neither will be permanent. (Prices were up in seven of the eight major categories in the consumer price index.)

Date: 2015-10-23
Placeline: TORONTO.
Source: The Canadian Press
Length: 12 seconds

Transcript Prediction: << Phi Slama Kathleen prices and ride in the town of will eventually fade so headline inflation will move back up with inflation will move back down >>


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