Canada September CPI data due Tuesday, 17 October 2023 – preview

<p>Data for Canadian inflation, September 2023, is due later on Tuesday, at 0830 Eastern time:</p><ul><li>
This
snapshot from the ForexLive economic data calendar, <a href="https://www.forexlive.com/EconomicCalendar">access
it here</a>.</li><li>
The
times in the left-most column are GMT. </li><li>
The
numbers in the right-most column are the 'prior' (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.</li></ul><p>

Previews via:</p><p>CIBC:</p><ul><li>Excluding food and energy, price pressures could look a little tamer this month as demand for services such as travel, hotels and restaurants exerts some downward pressure. </li><li>However, the ongoing rise in mortgage interest costs will continue to apply upward pressure. </li><li>Adding it all up, we see a 0.1% monthly advance in overall CPI in September (0.5% seasonally adjusted), which will see the annual rate tick up slightly to 4.1%.
</li></ul><p>
TD:</p><ul><li>We look for headline CPI to hold at 4.0% YoY in September with prices unchanged from the prior month as seasonal headwinds to groceries and travel-related components exert a mild headwind.</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.