Canada Inflation Continues to Ease to 3.1% in October — 2nd Update

By Robb M. Stewart

OTTAWA–Inflation in Canada again cooled in October, continuing an easing trend in recent months that is likely to comfort central bankers and adds weight to expectations that interest rates will hold steady near-term as the economy shows signs of struggling.

Consumer prices edged up 0.1% in October and rose 3.1% from a…