FX.co ★ Canada’s Core CPI Stalls in September, Underscoring Cooling Price Pressures

Canada’s core Consumer Price Index (CPI) showed no change in September 2026 on a month-over-month basis, signaling a further cooling in underlying inflation pressures. The indicator was flat at 0.0% in September, down from a 0.1% increase recorded in August 2026, according to data updated on 19 October 2026.

Measured on a month-over-month basis, the latest reading reflects how price growth in September compared to August, while the previous figure captured the change in August relative to July. The move from a modest rise to a complete stall in core prices may be closely watched by markets and policymakers as they assess whether disinflationary momentum is taking firmer hold in Canada’s economy.