BREAKING: Canada inflation rate highest since March 2003

The annual inflation rate in Canada roseto 4.1% in August from 3.7% in July and compared to market forecasts of 3.9%, with base effects from last year still weighing. It was the highest inflation rate since March of 2003, with the increase in prices mainly stemming from an accumulation of recent price pressures and from lower price levels in 2020. Excluding gasoline, the CPI rose 3.2%, up from 2.8% in July. On a monthly basis, the CPI rose 0.2% in August, slightly above forecasts of a 0.1% rise.

USDCAD saw relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.2680 level. Source: xStation5

28 November 2025, 8:38 AM

Economic calendar: German CPI and Canadian GDP in focus

28 November 2025, 8:01 AM

BREAKING: Swiss GDP data weaker than expected 📌Spanish CPI above forecats

28 November 2025, 7:55 AM

Consumer spending rises in France; inflation prelim declines📋

28 November 2025, 7:31 AM

EURNOK muted after weak Germany retail sales and Norwegian unemployment

Economic reports

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BREAKING: Canada inflation rate highest since March 2003

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