{"id":39377,"date":"2018-10-19T07:44:18","date_gmt":"2018-10-19T12:44:18","guid":{"rendered":"http:\/\/olduvai.ca\/?p=39377"},"modified":"2018-10-19T07:44:18","modified_gmt":"2018-10-19T12:44:18","slug":"loonie-tumbles-to-6-week-lows-after-inflation-retail-sales-slump","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=39377","title":{"rendered":"Loonie Tumbles To 6-Week Lows After Inflation, Retail Sales Slump"},"content":{"rendered":"
\n

Loonie Tumbles To 6-Week Lows After Inflation, Retail Sales Slump<\/span><\/a><\/h3>\n<\/div>\n
\n
\n
\n
\n

The loonie has tumbled to six-week lows (above 1.31\/USD) following dismal prints for retail sales and inflation this morning<\/strong>.<\/p>\n

Against expectations of a 0.1% rise MoM, Canadian core retail sales slumped 0.4% MoM in August. This is the first drop in retail sales since 2017…<\/p>\n

\"\"<\/a><\/p>\n

Worse still was consumer price inflation plunged in September, dropping 0.4% MoM, deflating for the second month in a row…<\/p>\n

\"\"<\/a><\/p>\n

We suspect this is not helped by the collapse in Western Canada Select prices…<\/p>\n

\"\"<\/a><\/p>\n

And the biggest reaction so far is in the Loonie…<\/p>\n

\"\"<\/a><\/p>\n

But, on the bright side, weed is legal now, eh?!<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Loonie Tumbles To 6-Week Lows After Inflation, Retail Sales Slump The loonie has tumbled to six-week lows (above 1.31\/USD) following dismal prints for retail sales and inflation this morning. Against expectations of a 0.1% rise MoM, Canadian core retail sales slumped 0.4% MoM in August. This is the first drop in retail sales since 2017… […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[103,426,2446,3571],"class_list":["post-39377","post","type-post","status-publish","format-standard","hentry","category-economics","tag-canada","tag-inflation","tag-loonie","tag-retail-sales"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39377"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39377\/revisions"}],"predecessor-version":[{"id":39378,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39377\/revisions\/39378"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}