FXStreet (Mumbai) - CPI for October y/y is expected at 1.0% while CPI Core m/m is expected at 0.2%. Core CPI year on year is expected to come in at 2 per cent. Headline CPI is expected to have moved up slightly (0.1%) in October. The increase is being considered enough to push the year-over-year rate of growth up modestly to 1.1% from 1.0% in September. The October headline monthly increase was likely impacted by a 2.3% drop in gasoline prices. The core CPI can be expected to rise by 0.3 per cent on a month-over-month basis in October. If the core CPI does rise as per expectation it would match the monthly increase a year ago. It would then leave the year-over-year rate of core price growth unchanged at 2.1 per cent. Also, it would also mark the 15th consecutive month that core CPI inflation has exceeded the Bank of Canada's 2 per cent target. The month-over-month change in core prices will likely reflect seasonal increases in motor vehicle (1.8%) and clothing (1.2%) prices outweighed by seasonal drop in travel services. Retail sales for September m/m is expected at +0.1%, prior was +0.5%. Excluding autos retail sales is expected at -0.4% and prior flat at 0.0% change. Nominal Canadian retail sales is expected to have a suffered a decline of 0.2% in September. The bulk of the nominal sales decline in September was on account of a pullback in gasoline prices. For more information, read our latest forex news.