OTTAWA — Statistics Canada is set to report inflation data for September today. A Reuters poll of economists expects inflation accelerated to 3.2 per cent last month, up from three per cent in August. Economists say persistently high energy prices are the main forces pushing inflation higher right now and they’ll be looking for evidence of cost pressures broadening beyond the gas pumps. The September inflation report will be the Bank of Canada’s last look at price data before its next interest rate decision on Oct. 28. The central bank has signalled it will look through the initial inflationary impacts from the ongoing war in the Middle East but is prepared to hike its policy rate if there are signs inflation is spreading.
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