Canada CPI ex-gasoline rises to 2.4% in August
Market talk says Canada’s CPI excluding gasoline accelerated to 2.4% in August, the highest since February, while total and core inflation measures were mostly unchanged month over month.
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Market talk says Canada’s CPI excluding gasoline accelerated to 2.4% in August, the highest since February, while total and core inflation measures were mostly unchanged month over month.
CANADA AUGUST CORE CPI +2.1% Y/Y VS +2.0% EXPECTED AND +1.9% IN JULY
Canadian CPI YoY prints at 3% versus a 2.9% forecast and 2.8% prior, marking a higher-than-expected inflation reading.
Canada CPI MoM came in at 0.5%, above the 0.4% forecast and following the prior -0.4% reading.
Bank of Canada reports core CPI increased 0.2% month-over-month, versus a previous 0.1% and with no forecast provided.
Canada CPI Common prints at 2.7%, compared with the previous 2.6%, with no forecast figure provided.
Bank of Canada core CPI registers 2.3% year-over-year, versus 2.1% previously; no forecast was provided in the feed.
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