Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected market impact of this event is low.
There is no forecast value for Raw Material Price Index yet - check back for updates.
The most recent announced value for Raw Material Price Index was 3.7% against a forecast of 2.4%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Raw Material Price Index result:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Interest Rate Decision | Bearish change | 3% | 2.75% | ||
Average Hourly Wages (YoY) | Bullish change | 3.7% | 4% | ||
Net Change in Employment | Bearish change | 76K | 1.1K | ||
Unemployment Rate | (no change) | 6.6% | 6.6% | ||
Ivey Purchasing Managers Index | Bullish change | 46.2 | 53.6 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 47.1 | 55.3 | ||
S&P Global Manufacturing PMI | Bearish change | 51.6 | 47.8 | ||
Gross Domestic Product (MoM) | Bullish change | -0.2% | 0.2% | ||
Gross Domestic Product (QoQ) | Bullish change | 0.5% | 0.6% | ||
Gross Domestic Product Annualized | Bullish change | 2.2% | 2.6% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Inflation |
Frequency: | Monthly |