What are economists expecting from Tuesday's inflation report?

Statistics Canada is set to release September inflation data on Tuesday and economists are expecting that the country’s inflation rate kept fairly steady last month.

Jimmy Jean, vice president, chief economist and strategist at Desjardins, predicts September inflation to remain unchanged from August’s four per cent.

 “We’re expecting 3.5 per cent. That would be the lowest since November 2021,” Jean told BNN Bloomberg in a Monday television interview.

Jean also predicted that the three-month annualized rates of the Bank of Canada’s core inflation measures will remain in the four to 4.5 per cent range.