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Economists predict a slight rise in Canada's inflation to 1.9%, driven by higher fuel and property taxes.
Economists predict a slight rise in Canada's inflation rate to 1.9% in October, up from 1.6% in September, mainly due to higher gasoline prices and property taxes.
Despite this increase, the overall trend is still expected to be downward, with core inflation dropping to 2.2%.
The Bank of Canada has lowered its key interest rate to 3.75%, and economists anticipate further slowing of rent inflation due to a weaker labor market.
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Los economistas predicen un ligero aumento de la inflación de Canadá al 1,9%, impulsado por el aumento de los impuestos al combustible y a la propiedad.