Headline CPI inflation for August came in at 1.9% year-on-year (y/y), below expectations for a 2.0% y/y print. August’s reading was up from 1.7% in July. Gasoline prices provided a smaller drag to the headline, down 12.7% y/y from -16.1% last month. On a monthly basis, prices rose 1.5% as higher refiner margins offset lower […]The post Inflation Ticks Higher But Falls Short of Expectations Opening Door for Bank of Canada appeared first on Action Forex.