{
  "id": 7268116,
  "title": "Canada CPI expected to show steady inflation in August",
  "url": "https://urgent.news/2026/09/14/canada-cpi-expected-to-show-steady-inflation-in-august",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T07:30:00.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/canada-cpi-expected-to-show-steady-inflation-in-august-202609140730"
  },
  "original_language": "en",
  "account": "In August, Canada's Consumer Price Index (CPI) figures will be closely monitored, providing insights into inflation trends following the Bank of Canada's September 2 meeting. Economists anticipate the headline CPI to remain steady at 3% year-over-year and to increase by 0.3% monthly, lower than the 0.5% rise observed in July. The Bank of Canada's core measure, excluding food and energy costs, is expected to grow by 0.1%. Despite geopolitical tensions and tariff worries, inflationary pressures are anticipated to persist. The Bank of Canada's preferred measures of underlying inflation showed an uptick in July, with CPI-Common, Trimmed Mean, and Median reaching 2.7%, 1.9%, and 2.0% respectively. The Bank of Canada's cautious stance on September 2, leaving interest rates unchanged, adds to the uncertainty. Analysts expect nearly 36 basis points of tightening by year-end. A rise in the CPI could bolster bets for further rate hikes, strengthening the Canadian Dollar (CAD). Market participants will be watching the release of August's CPI data on Monday at 12:30 GMT, with a potential impact on USD/CAD exchange rates.",
  "summary": "Canada’s August Consumer Price Index (CPI) figures will be the focus of attention when published on Monday.",
  "key_points": [
    "Canada's CPI expected to stay steady at 3% YoY in August",
    "Core inflation measure to rise 0.1% monthly, excluding food and energy",
    "Bank of Canada to keep interest rates unchanged on September 2"
  ],
  "editors_take": "Steady August inflation data will likely reinforce the Bank of Canada's cautious stance, while a higher reading could increase bets on further rate hikes and strengthen the Canadian Dollar.",
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Economy",
        "title": "India's wholesale inflation accelerates to 9.92% in August from 9.78% in July",
        "url": "https://urgent.news/2026/09/14/indias-wholesale-inflation-accelerates-to-9-92-in-august-from-9-78-in",
        "published": "2026-09-14T06:41:47.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "August WPI inflation edges up to 9.92% as fuel prices stay elevated",
        "url": "https://urgent.news/2026/09/14/august-wpi-inflation-edges-up-to-9-92-as-fuel-prices-stay-elevated",
        "published": "2026-09-14T06:47:23.000Z"
      },
      {
        "outlet": "CityNews",
        "title": "Statistics Canada to report inflation figures for August this morning",
        "url": "https://urgent.news/2026/09/14/statistics-canada-to-report-inflation-figures-for-august-this-morning-7284474",
        "published": "2026-09-14T08:00:12.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Statistics Canada to report inflation figures for August this morning",
        "url": "https://urgent.news/2026/09/14/statistics-canada-to-report-inflation-figures-for-august-this-morning",
        "published": "2026-09-14T08:00:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}