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Weekly Commentary

Inflation Stabilizes in the United States, but Rises Further in Canada

September 17, 2021
Jimmy Jean • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon

KEY STATISTICS OF THE WEEK :

  • United States: Rise in prices eases slightly.
  • United States: Solid rebound in sales excluding motor vehicles.
  • Canada: The total annual inflation rate climbed to 4.1% in August.
  • Canada: The slowdown in the housing market continued in August, with housing starts and existing home sales both down.
  • Canada: Manufacturing and wholesale sales fell sharply in July.