Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Consumer Price Index (MoM) was 1% against a forecast of 0.7%.
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BoC Consumer Price Index Core (MoM) | Bullish change | 0.2% | 0.6% | ||
| BoC Consumer Price Index Core (YoY) | Bullish change | 2.1% | 2.2% | ||
| Consumer Price Index (YoY) | Bullish change | 2.8% | 3.2% | ||
| Retail Sales (MoM) | Bearish change | 0.9% | 0.5% | ||
| Retail Sales ex Autos (MoM) | Bearish change | 1.2% | 0.1% | ||
| BoC Interest Rate Decision | (no change) | 2.25% | 2.25% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Inflation |
| Frequency: | Monthly |