WS News
19 Oct 2026, 15:26
Canada Inflation Cools in September as Core CPI Slows
Canada’s core inflation eased in September, with Core CPI rising 2.2% year over year, down from 2.4% previously.
On a monthly basis, Core CPI was unchanged at 0.0%, compared with a 0.1% increase in the prior month, signaling softer underlying price pressure.
Headline CPI increased 0.1% month over month, below the 0.2% consensus estimate but rebounding from a 0.1% decline previously.
Overall, the data point to a moderation in Canadian inflation pressures. Softer core inflation and a below-consensus monthly headline reading could strengthen expectations that the Bank of Canada has more room to maintain or pursue a less restrictive monetary policy stance, depending on labor-market and broader economic conditions.
Canada’s core inflation eased in September, with Core CPI rising 2.2% year over year, down from 2.4% previously.
On a monthly basis, Core CPI was unchanged at 0.0%, compared with a 0.1% increase in the prior month, signaling softer underlying price pressure.
Headline CPI increased 0.1% month over month, below the 0.2% consensus estimate but rebounding from a 0.1% decline previously.
Overall, the data point to a moderation in Canadian inflation pressures. Softer core inflation and a below-consensus monthly headline reading could strengthen expectations that the Bank of Canada has more room to maintain or pursue a less restrictive monetary policy stance, depending on labor-market and broader economic conditions.
