TSX Slips as Oil-Driven Inflation Worries Persist
Canadas main stock index fell as elevated oil prices stoked inflation worries and lower precious metal prices weighed on sentiment. Annual inflation held steady at 3 percent in August.
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Canada's main stock index fell 0.44% to 35,541.92 points on Monday morning as elevated energy costs stoked inflation worries. The decline pushed the index near its lowest level in a month, weighed down by falling precious metal prices. Investors are closely monitoring domestic consumer price index data alongside shifting central bank expectations.
