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REPEAT: CANADA DATA: September CPI Inflation.........>

CANADA DATA
CANADA DATA: REPEAT: September CPI Inflation Preview - 8:30 EDT
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- Sept. MNI Median +2.1% y/y (prior +1.9%); MNI Median -0.2% m/m (prior -0.1%)
- "Consumer prices likely declined in September, just not by as much as they did
in the same month last year, leaving headline inflation to accelerate from where
it stood in August": CIBC research note
- Inflation at MNI median for August puts 3Q rate at 2%, ahead of BOC's 1.6%
forecast; BOC has cited on-target inflation while holding rate steady
- Air transportation was main upward contributor in August; gasoline main
downward force
- Temporary boost to airfares likely reversed in September
- Possible headwinds from energy, food and cars

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