Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for BoC Consumer Price Index Core (YoY) was 2.6% against a forecast of 2.7%.
Recent economic data has been moderately bearish for CAD. Other recent announcements which may affect the market's interpretation of the next BoC Consumer Price Index Core (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Retail Sales (MoM) | Bearish change | 1.6% | -0.8% | ||
Retail Sales ex Autos (MoM) | Bearish change | 2.2% | -1.2% | ||
BoC Interest Rate Decision | Bearish change | 2.75% | 2.5% | ||
BoC Consumer Price Index Core (MoM) | Bearish change | 0.1% | 0% | ||
Consumer Price Index (MoM) | Bearish change | 0.3% | -0.1% | ||
Consumer Price Index (YoY) | Bullish change | 1.7% | 1.9% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Inflation |
Frequency: | Monthly |