**As seen in G10 Inflation Dashboard, subscribe at cablefxm.co.uk/reports
The G10 inflation monitor is updated with the latest consumer price data, the recent changes for October have left Canada closer to the BoC's target band as prices advance 3.1% Y/y
Canadian consumer prices in October have shown improvement as the metric compares to 6.8% a year ago. Economists' estimates pencil 2023 inflation rising by 3.9%
We have also seen a sharp decline in U.K. CPI, the last data point saw a 210bps drop to 4.6% Y/y. Despite the easing, the U.K. remains the second-highest inflation overshoot in the G10
Our calculations of inflation impulse saw further negative prints in October
Komentar