Canada headline CPI dropped -0.4% mom in September, much worse than expectation of 0.0%. Annually, CPI was unchanged at 1.9% yoy, below expectation of 2.0% yoy. However, CPI core common rose to 1.9% yoy, up from 1.8% yoy and beat expectation of 1.8% yoy. CPI core median rose to 2.2% yoy, up from 2.1% yoy and beat expectation of 2.1% yoy. CPI core trimmed also rose to 2.1% yoy, up from 2.0% yoy, matched expectations.
