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 2.4% against a forecast of 2.5%.
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BoC Consumer Price Index Core (MoM) | Bearish change | 0.4% | 0.2% | ||
| BoC Consumer Price Index Core (YoY) | Bullish change | 2.3% | 2.5% | ||
| Consumer Price Index (MoM) | Bullish change | 0.5% | 0.9% | ||
| Average Hourly Wages (YoY) | Bullish change | 4.2% | 5.1% | ||
| Net Change in Employment | Bullish change | -83.9K | 14.1K | ||
| Unemployment Rate | (no change) | 6.7% | 6.7% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Inflation |
| Frequency: | Monthly |