Canadian headline inflation slowed to 2.2% y/y in October, down from 2.4% in September.
November 17, 2025Canadian Inflation Slows in October, But Not Enough to Trigger Another BoC Rate Cut in December The Consumer Price Index (CPI) rose 2.2% on a year-over-year basis in October, down from 2.4% in September. The all-items CPI decelerated largely due to gasoline prices, which fell at a faster year-over-year pace in October (-9.4%) than in September (-4.1%). Excluding gasoline, the CPI rose 2.6% in October, matching the […]