CA Median 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 Median CPI y/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jan 21, 2025 | 2.4% | 2.5% | 2.6% |
Dec 17, 2024 | 2.6% | 2.4% | 2.6% |
Nov 19, 2024 | 2.5% | 2.4% | 2.3% |
Oct 15, 2024 | 2.3% | 2.3% | 2.3% |
Sep 17, 2024 | 2.3% | 2.2% | 2.4% |
Aug 20, 2024 | 2.4% | 2.5% | 2.6% |
Jul 16, 2024 | 2.6% | 2.7% | 2.7% |
Jun 25, 2024 | 2.8% | 2.6% | 2.6% |
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- CA Median CPI y/y News
- From statcan.gc.ca|Jan 21, 2025
The Consumer Price Index (CPI) rose 1.8% on a year-over-year basis in December, down from a 1.9% increase in November. Food purchased from restaurants and alcoholic beverages purchased from stores contributed the most to the deceleration. The CPI excluding food rose 2.1% in December. A temporary GST/HST break on certain goods was introduced on December 14, 2024. The major components impacted by the tax break were food; alcoholic beverages, tobacco products, and recreational cannabis; recreation, education, and reading; and clothing ...
- From fxstreet.com|Jan 21, 2025
Statistics Canada is set to release its latest inflation report for December, based on the Consumer Price Index (CPI), this Tuesday. Early forecasts suggest headline inflation may have risen by 1.8% compared to the same month of the previous year. In addition to the headline figures, the Bank of Canada (BoC) will publish its core CPI data, which excludes more unpredictable items like food and energy. For context, November’s core CPI showed a 0.1% contraction compared to the previous month but showed a 1.6% increase from a year ...
- From statcan.gc.ca|Dec 17, 2024
The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in November, down from a 2.0% increase in October. Slower price growth was broad-based, with prices for travel tours and the mortgage interest cost index contributing the most to the deceleration. Excluding gasoline, the all-items CPI rose 2.0% in November, following a 2.2% gain in October. Prices for food purchased from stores rose 2.6% year over year in November, down slightly from 2.7% in October. Despite the slowdown, grocery prices have remained elevated. ...
- From forexlive.com|Dec 17, 2024
The main event in the European session was the UK employment report. The data was much better than expected, especially on the wage growth side, and the GBP got a boost from that. In terms of market pricing it shouldn't change much as the BoE is widely expected to keep the Bank Rate unchanged this week. In the American session, the Canadian CPI and the US Retail Sales will take the spotlight. The Canadian CPI Y/Y is expected at 2.0% vs. 2.0% prior, while the M/M figure is seen at 0.1% vs. 0.4% prior. The Trimmed-Mean CPI Y/Y is ...
- From statcan.gc.ca|Nov 19, 2024
The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in October, up from a 1.6% increase in September, as gasoline prices fell to a lesser extent in October (-4.0%) compared with September (-10.7%). The all-items CPI excluding gasoline rose 2.2% in October, the same growth rate as in August and September. Prices for goods rose 0.1% on a year-over-year basis in October, following a 1.0% decline in September. In contrast, prices for services decelerated in October, rising 3.6%, the smallest yearly increase since January ...
- From scotiabank.com|Oct 15, 2024
There has been a lot of baseless on– and off-speculation around the Bank of Canada’s next move but it needed data to justify a call. We now have that. The Bank of Canada is likely to cut 50bps next Wednesday on the heels of a report that shows that the Bank’s preferred core measures are on target. That was our instant reaction with our traders and clients seconds after seeing the core gauges. There is still the risk that the BoC—that has surprised markets many times in the past—could opt for –25bps, but the hurdle to doing so is set ...
- From statcan.gc.ca|Oct 15, 2024
The Consumer Price Index (CPI) rose 1.6% on a year-over-year basis in September, down from a 2.0% gain in August. This was the smallest yearly increase since February 2021 (+1.1%). The main contributor to headline deceleration was lower year-over-year prices for gasoline in September (-10.7%) compared with August (-5.1%). The all-items CPI excluding gasoline rose 2.2% in September, matching the increase in August for this measure. Although the rate at which prices are increasing has slowed, price levels remain elevated. Compared with ...
- From statcan.gc.ca|Sep 17, 2024|3 comments
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 ...
Released on Jan 21, 2025 |
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Released on Dec 17, 2024 |
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Released on Nov 19, 2024 |
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Released on Oct 15, 2024 |
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Released on Sep 17, 2024 |
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