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Canada’s Sees First Positive Inflation Rate

For the first time since May, Canada records a positive growth rate of 0.1 percent for the month of October. Analysts say the negative results for the summer months were based solely on lower gasoline prices compared to the same time the previous year and excluding energy prices, Canada’s annual inflation rate would actually be 1.4 percent.

The Canadian Press

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Posted by Staff at 3:29 pm UTC, 02/10/2012
Posted by Dean Popplewell at 2:50 pm UTC, 02/10/2012
Posted by Dean Popplewell at 2:45 pm UTC, 02/10/2012
Forex Rates
Interest Rates

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February
10
Today’s Global
Market Events
8:30 am

CAD
Trade Balance
0.7B vs. 1.1B
USD
Trade Balance
-48.1B vs. -47.8B
9:55 am

USD
Prelim UoM Consumer Sentiment
74.4 vs. 75.0
USD
Prelim UoM Inflation Expectations
3.3%
12:30 pm

USD
Fed Chairman Bernanke Speaks
12:50 pm

USD
FOMC Member Pianalto Speaks
2:00 pm

USD
Federal Budget Balance
-58.5B vs. -86.0B