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Canada: CPI (Aug) rose 2.1% YoY

FXStreet (Edinburgh) - Canadian consumer prices rose 2.1% on a year through August, matching expectations. On a monthly basis prices came in flat. Core prices, tracked by the Bank of Canada rose 2.1% over the last twelve months and 0.5% inter-month, both prints surpassing forecasts.

Canada Consumer Price Index - Core (MoM) rose from previous -0.2% to 0.4% in August

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USD/CAD slumps as Canadian CPI accelerates

USD/CAD slumped to its lowest level in near 2 weeks after data showed consumer inflation rose more than expected in August.
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