Canada September YoY CPI Released: Bullish for CAD

Statistics Canada released the Consumer Price Index (CPI) year-over-year data for September on September 16, 2025. The reported figure was 1.9%. No consensus estimate was provided; the previous reading was also 1.9%.The Consumer Price Index (CPI) is a key indicator of changes in prices for consumer goods and services, reflecting price trends from the consumer’s perspective. This data has a significant impact on the Canadian dollar: if the actual figure exceeds market expectations, it is generally viewed as bullish and may strengthen the CAD.This indicator carries a medium importance level (rated 2) and is calculated based on changes in consumer goods prices, including both monthly and annual figures. The CPI is published monthly, with the next release scheduled for November 17, 2025.

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