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Weekly Commentary

Inflation Continues to Climb in Canada

October 22, 2021
Jimmy Jean • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon

KEY STATISTICS OF THE WEEK :

  • Drop in U.S. industrial production in September.
  • United States: Housing starts fell, but home resales posted a strong increase.
  • Canada: The total annual inflation rate increased to 4.4% in September.
  • Canada: The downtrend in housing starts continued in September.
  • Canada: Retail sales rebounded in August.

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