Canada CPI slowed to 1.90% yoy in August, down fro 2.0% yoy and missed expectation of 2.0%. Nevertheless, Statistics Canada noted: The CPI has grown by 1.9% or more on a year-over-year basis for six consecutive months, after reaching a low of 1.4% in January of this year. The broad-based gains in the CPI over the past two quarters have coincided with strength in Canadian labour market conditions.:
CPI Core Common slowed to 1.8% yoy, down from 1.9% yoy and missed expectation of 1.9% yoy. CPI Core Media was unchanged at 2.1% yoy, matched expectations. CPI Core Trim was also unchanged at 2.1% yoy, matched expectations.
