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FX.co ★ Canada Core Inflation Holds at 2.6% in August Below Expectations

Canada Core Inflation Holds at 2.6% in August Below Expectations

Canada's annual core inflation rate, excluding the eight most volatile components such as food, energy, and mortgage interest costs, remained stable at 2.6% in August 2025, consistent with July's figure and just below market forecasts of 2.7%. On a month-to-month basis, core consumer prices showed no change, after edging up by 0.1% in July.

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