Canada’s inflation moderated in October, with headline CPI slowing to 2.2% yoy from 2.4%, fully in line with expectations. The deceleration was driven largely by gasoline prices, which fell -9.4% yoy compared with -4.1% yoy decline in September. Excluding gasoline, CPI was unchanged at 2.6% yoy. Core metrics showed a mixed but generally softer profile. […]The post CPI cools to 2.2% in Canada as gasoline declines deepen, core elevated appeared first on Action Forex.