ONLY CHARTS #450
Canada CPI, Aus recruitment, Aus capacity utilisation in services, Aus monthly CPI
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1. Canada’s trimmed mean CPI inflation remained at a monthly annualised rate of +2.8% in October. Rolling 3m/3m trimmed mean inflation was again +2.6% q/q.
2. It’s worrying that underlying inflation hasn’t sustainably reached central bank targets in economies that have experienced significant labour market deterioration, including Canada…
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