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Canada's inflation rate for October 2023 came in at 3.1% year-over-year, up from the previous rate of 3% and slightly below the forecast of 3.2%.
The core inflation rate year-over-year was reported at 2.2%, down from 2.4% previously and matching the forecast of 2.4%.
On a month-over-month basis, the inflation rate rose by 0.1%, compared to a previous decline of -0.1% and below the forecast of 0.3%. The consensus estimate was 0.2%.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.