Canada: Gad Down, Food Up in November CPI
Canada: Gad Down, Food Up in November CPIAll items inflation moves down to 2.0% from 2.6% in October on lower gas prices Core price inflation up 0.7 percentage points to 2.4%.
Canadian consumer price inflation surprised on the upside in November. While falling gas prices brought the headline number down to 2.0% from 2.6%, core inflation […]
Pace of Decline in U.S. Retail Sales Eases in November
Pace of Decline in U.S. Retail Sales Eases in November
Retail sales fell 1.8% in November, slightly better than the 2% drop expected within financial markets. As well, the pace of decline has eased from the 2.9% drop recorded in October (originally reported as -2.8%).
A sizeable decline in sales had been flagged by earlier […]
Canada’s Merchandise Trade Surplus Narrows
Canada’s Merchandise Trade Surplus Narrows
Canada merchandise trade surplus came in at C$3.8 billion in October, slightly larger than forecasts for a $3.3 billion overrun. September’s surplus was revised to C$4.3 billion from an initially estimated C$4.5 billion. The narrowing in the October current dollar surplus reflected increases in both exports and imports, which rose 2.5% […]