BREAKING: Canada December inflation rate unexpectedly falls

Canada's consumer price inflation rate dropped to 0.7 % year-on-year in December, and below market expectations of 1.0% mainly due to lower air transportation prices (-14.5%) and reduced food price growth (+1.1%). Excluding gasoline, inflation was 1%, down from 1.3% in November.

Core measures y/y:

Median +1.8% vs 1.9% expected (previous 1.9%)

Common +1.3% vs 1.5% expected (previous 1.5%)

Trim +1.6% vs 1.7% expected (previous 1.7%)

USDCAD saw a relatively small reaction to today’s data releases. The currency pair continued to trade around 1.2700 level. Source: xStation5

29 September 2026, 6:30 AM

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29 September 2026, 6:18 AM

Morning Briefing: Higher Rates in Australia and Further Rise in Oil Prices

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Daily Summary: Lack of progress in negotiations weighs on Wall Street and precious metals (28.09.2026)

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📊Market Wrap: Oil drives yields higher and gold lower (28.09.2026)

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