The typical/expected market impact of this event is low.
The consensus forecast for Industrial Product Price (MoM) is 0.6%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Industrial Product Price (MoM) was 0.6% against a forecast of 0.3%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Industrial Product Price (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Consumer Price Index Core (MoM) | Bearish change | -0.1% | -0.3% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 1.6% | 1.8% | ||
Consumer Price Index (MoM) | Bearish change | 0% | -0.4% | ||
Consumer Price Index (YoY) | Bearish change | 1.9% | 1.8% | ||
Average Hourly Wages (YoY) | Bearish change | 3.9% | 3.7% | ||
Net Change in Employment | Bullish change | 50.5K | 90.9K | ||
Unemployment Rate | Bullish change | 6.8% | 6.7% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Inflation |
Frequency: | Monthly |