At 14:30 (GMT+2), August data on the consumer price index in Canada will be presented. It is the main indicator of inflation in the country and determines changes in retail prices for a certain “basket” of goods and services (food, transport, utility costs, healthcare, etc.), and also has a significant impact on the authorities’ decisions on monetary policy. The index is expected to rise from 3.3% to 3.8% YoY and adjust from 0.6% to 0.2% MoM.
