Canada’s Current Account Surplus Narrowed In Q3, Raw Material Prices Show Yearly Decline To October
Canada’s Current Account Surplus Narrowed In Q3, Raw Material Prices Show Yearly Decline To October
CAD Current Account (Q3) Actual 5.6B, Expected 5.1B, Previous 8.2B (Revised from 6.8B)
CAD RMPI (Oct) Actual -12.5%, Expected -7.8%, Previous -7.3$ (Revised from -7.2%)
Release Explanation: The Current Account is a nation’s total exports of Goods, Services, and Transfers, deducted from […]
Canada’s Inflation Rate Sharply Lower as Energy Prices Tumble
Canada’s Inflation Rate Sharply Lower as Energy Prices Tumble
Canadian consumer prices fell by a greater-than-expected 1% in October with the year-over-year rate slipping to 2.6% from 3.4% in September. The monthly decline was the largest since June 1959. Expectations had been for prices to fall by a more modest 0.6%. The seasonally adjusted index fell […]
U.S. Producer Prices Slump as Energy Prices Dive
U.S. Producer Prices Slump as Energy Prices Dive
The producer price index fell by 2.8% in October, driving the year-over-year rate down to 5.2% - the lowest since September 2007. Markets were looking for a 2.2% monthly decline. However, the core measure unexpectedly rose by 0.4%, a much sturdier increase than market forecasts for a 0.1% […]