Canada CPI eased to 3.1% yoy in Oct, driven mainly by gasoline prices

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<p>Canada’s CPI in October showcased a slowdown, dropping from 3.8% yoy to 3.1% yoy, falling slightly below market expectation of 3.2% yoy. This deceleration in inflation is primarily attributed to a significant reduction in gasoline prices, which decreased by -7.8% yoy. When gasoline is excluded from the equation, the CPI exhibited only a marginal decline, […]</p>
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