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Canadian CPI Slips Lower, But Fails to Meet Expectations
Friday, 24 October 2008 11:24:56 GMT
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The headline CPI reading for Canada inched lower to 3.4% from 3.5% in August, but continued to hold near the five year high despite the recent pullback in oil prices. The reading crossed the wires slightly stronger than the 3.3% estimate projected by economists, while the core measure for inflation continued to hold steady at 1.7%.
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