Although the headline inflation rate rose to a moderate 1.4% in August, from 1.2%, the further increases in core inflation are broadly consistent with the reduced slack in the economy. This suggests that the Bank of Canada will probably raise interest rates again before the end of this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services