Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Consumer Price Index (YoY) was 1.8% against a forecast of 1.9%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Retail Sales (MoM) | Bullish change | -0.4% | 1.1% | ||
| Retail Sales ex Autos (MoM) | Bullish change | 0% | 0.8% | ||
| BoC Interest Rate Decision | (no change) | 2.25% | 2.25% | ||
| BoC Consumer Price Index Core (MoM) | Bullish change | 0.2% | 0.4% | ||
| BoC Consumer Price Index Core (YoY) | Bearish change | 2.6% | 2.3% | ||
| Consumer Price Index (MoM) | Bullish change | 0% | 0.5% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Inflation |
| Frequency: | Monthly |