At 14:30 (GMT+2), Canada will publish the August data on the consumer price index, which is the main indicator of inflation in the country, reflecting the change in retail prices for a certain basket of goods and services: food, transportation, utilities, health care, and so on, and also significantly affects the Bank of Canada’s decisions in the field of monetary policy. It may grow from 0.3% MoM and 1.7% YoY, and from 0.1% MoM and 2.6% YoY on a core basis, affecting the monetary authorities’ rhetoric.
