CA Trimmed CPI y/y
Consumer prices account for a majority of overall inflation. Inflation is important because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
Source first released in Dec 2016;
- CA Trimmed CPI y/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Sep 17, 2024 | 2.4% | 2.5% | 2.7% |
Aug 20, 2024 | 2.7% | 2.8% | 2.8% |
Jul 16, 2024 | 2.9% | 2.8% | 2.9% |
Jun 25, 2024 | 2.9% | 2.8% | 2.8% |
May 21, 2024 | 2.9% | 2.9% | 3.2% |
Apr 16, 2024 | 3.1% | 3.2% | 3.2% |
Mar 19, 2024 | 3.2% | 3.4% | 3.4% |
Feb 20, 2024 | 3.4% | 3.6% | 3.7% |
-
- CA Trimmed CPI y/y News
The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in August, increasing at the slowest pace since February 2021, and down from a 2.5% gain in July 2024. The deceleration in headline inflation in August was due, in part, to lower prices for gasoline, due to a combination of lower prices and a base-year effect. Excluding gasoline, the CPI rose 2.2% in August, down from 2.5% in July. Mortgage interest cost and rent remained the largest contributors to the increase in the CPI in August. On a monthly basis, the CPI fell ...
The Consumer Price Index (CPI) rose 2.5% on a year-over-year basis in July, increasing at the slowest pace since March 2021 and down from a 2.7% gain in June 2024. Deceleration in headline inflation was broad-based, stemming from lower prices for travel tours, passenger vehicles and electricity. On a monthly basis, the CPI rose 0.4% in July, after falling 0.1% in June. Gasoline prices increased month over month in July (+2.4%), putting upward pressure on the monthly CPI figure. On a seasonally adjusted monthly basis, the CPI rose ...
Canada is poised to release the latest inflation figures on Tuesday, with Statistics Canada publishing the Consumer Price Index (CPI) data for July. Forecasts suggest the continuation of disinflationary trends in the headline CPI, while another uptick in the core reading, as it happened in June, could add some volatility to the release. Alongside the CPI data, the Bank of Canada (BoC) will also unveil its core Consumer Price Index, which excludes volatile components like food and energy. In June, the BoC core CPI recorded a 0.1% drop ...
This is a truncated version of the Global Week Ahead given that I was on vacation. It will highlight expected developments by region sans any special topics. US - Powell's Speech to be Key: The Kansas City Federal Reserve’s annual Jackson Hole Economic Policy Symposium will stand out as the week’s major focal point. This year’s theme is “Reassessing the Effectiveness and Transmission of Monetary Policy.” The agenda, including the full list of presenters, will be released on Thursday evening and then two days of presentations will ...
The Consumer Price Index (CPI) rose 2.7% on a year-over-year basis in June, down from a 2.9% gain in May. The deceleration was largely the result of slower year-over-year growth in gasoline prices, which rose 0.4% in June following a 5.6% increase in May. Excluding gasoline, the CPI rose 2.8% in June. Year over year, lower prices for durable goods (-1.8%) also contributed to the slowdown in the all-items CPI in June. Moderating the deceleration was an increase in prices for food purchased from stores (+2.1%), as well as a smaller ...
The Consumer Price Index (CPI) rose 2.9% on a year-over-year basis in May, up from a 2.7% gain in April. Acceleration in the headline CPI was largely due to higher prices for services, which rose 4.6% in May following a 4.2% increase in April. Faster price growth for services was led by cellular services, travel tours, rent and air transportation. Prices for goods (+1.0%) grew at the same rate as in April. On a monthly basis, the CPI rose 0.6% in May, largely stemming from an increase in travel tours. On a seasonally adjusted monthly ...
Statistics Canada is set to release the top-tier Consumer Price Index (CPI) data for May on Tuesday at 12:30 GMT. The timing of the Bank of Canada’s (BoC) next interest rate cut will depend on the CPI inflation data, significantly impacting the market’s pricing and the value of the Canadian Dollar. What to expect from Canada’s inflation rate? The Canadian CPI is expected to rise at an annual rate of 2.6% in May, a tad slower than a 2.7% increase in April. On a monthly basis, the CPI inflation is seen easing to 0.3% in the same period ...
The Consumer Price Index (CPI) rose 2.7% on a year-over-year basis in April, down from a 2.9% gain in March. Broad-based deceleration in the headline CPI was led by food prices, services and durable goods. The deceleration in the CPI was moderated by gasoline prices, which rose at a faster pace in April (+6.1%) than in March (+4.5%). Excluding gasoline, the all-items CPI slowed to a 2.5% year-over-year increase, down from a 2.8% gain in March. On a monthly basis, the CPI rose 0.5% in April, mainly driven by prices for gasoline. On a ...
Released on Sep 17, 2024 |
---|
Released on Aug 20, 2024 |
---|
Released on Jul 16, 2024 |
---|
Released on Jun 25, 2024 |
---|
Released on May 21, 2024 |
---|
- Details