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

16 October 2025, 6:56 PM

Daily summary: indexes edge lower into the close, gold tests $4,300 💰

16 October 2025, 5:05 PM

Breaking: crude oil inventories above expectations 📌

16 October 2025, 4:31 PM

Fed officials favor continued monetary easing 🔎

16 October 2025, 3:36 PM

BREAKING: NATGAS declines after EIA data 📌

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BREAKING: Canada inflation rate highest since March 2003

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