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Canada Preview: Oct CPI To Fall Below Q3 Avg,Slowest 2012 Pace

From mninews.marketnews.com

Consumer prices in October are expected to have risen at the slowest pace so far this year, maintaining the rate well below the 2.0% mandate and near the lower end of the 1% to 3% inflation-control target set by Bank of Canada. Statistics Canada will release inflation data Friday and analysts have centered their expectations of 'all items CPI' to increase by 1.1% in October compared to 12 months ago, replacing September and August's 1.2% increase as the smallest so far this year. On a monthly basis, prices are expected to edge up 0.1% in October. The rise in core prices (excluding the 8 most volatile items) is also ... (full story)

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