Canadian Inflation Rises Once Again – Prices are Rising Everywhere
Each month Concept One Financial Mortgages share news about Canadian economy, to help home buyers make the best decisions about their residential mortgages.
October 22’s release of the September Consumer Price Index (CPI) for Canada showed year-over-year (y/y) inflation rising from 4.1% in August to 4.4%, its highest level since February 2003. Excluding gasoline, the CPI rose 3.5% y/y last month.