Statistics Canada to release September reading for inflation

OTTAWA — Statistics Canada is expected to publish its inflation reading for the month of September today.

Economists are forecasting another decline in annual inflation last month after it slowed to two per cent in August, the slowest pace since February 2021.

The result for August brought the annual rate in line with the Bank of Canada’s target for inflation.

The September inflation report is the last major economic data point before the central bank’s next interest rate decision on October 23.