Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Consumer Price Index (MoM) yet - check back for updates.
The most recent announced value for Consumer Price Index (MoM) was 1.1% against a forecast of 0.6%.
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 | ||||
---|---|---|---|---|---|
Retail Sales (MoM) | Bearish change | 2.6% | -0.6% | ||
Retail Sales ex Autos (MoM) | Bearish change | 2.9% | 0.2% | ||
BoC Consumer Price Index Core (MoM) | Bullish change | 0.4% | 0.7% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 2.1% | 2.7% | ||
Consumer Price Index (YoY) | Bullish change | 1.9% | 2.6% | ||
BoC Interest Rate Decision | Bearish change | 3% | 2.75% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Inflation |
Frequency: | Monthly |