--Oct NSA CPI +0.1% M/M, +1.0% Y/Y, As Expected
--Oct NSA Core CPI +0.3% M/M, +2.1% Y/Y, As Expected
--Sept Retail Sales -0.5%, Below Expected; Ex Autos -0.5%, Ex Gas -0.1%
OTTAWA (MNI) - Lower gasoline prices kept a lid both on inflation,
which came in as expected in October, and on retail sales, which were
weaker than expected in September, when they recorded widespread
declines, data from Statistics Canada showed Friday.
September retail sales fell 0.5%, erasing the 0.5% gain registered
in August, and printing below the 0.1% decrease expected by analysts in
a MNI survey. As a result, the 12-month growth pace slowed to 1.2% from
2.6% the previous month.