CA CPI m/m
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;
This is the most important inflation-related release due to its earliness and broad scope. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported;
- CA CPI m/m Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Dec 17, 2024 | 0.0% | 0.1% | 0.4% |
| Nov 19, 2024 | 0.4% | 0.3% | -0.4% |
| Oct 15, 2024 | -0.4% | -0.2% | -0.2% |
| Sep 17, 2024 | -0.2% | 0.0% | 0.4% |
| Aug 20, 2024 | 0.4% | 0.4% | -0.1% |
| Jul 16, 2024 | -0.1% | 0.1% | 0.6% |
| Jun 25, 2024 | 0.6% | 0.3% | 0.5% |
| May 21, 2024 | 0.5% | 0.5% | 0.6% |
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- CA CPI m/m News
From statcan.gc.ca|Dec 17, 2024The 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, 2024The 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, 2024The 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 bnnbloomberg.ca|Nov 19, 2024Statistics Canada is expected to release its October consumer price index report this morning. Economists polled by Reuters expect the annual inflation rate rose to 1.9 per cent last month, according to LSEG Data & Analytics. After a period of sharp price growth, Canada’s inflation rate dipped below the Bank of Canada’s two per cent target in September for the first time in more than three years, reaching 1.6 per cent. The central bank delivered a half-percentage point interest rate cut last month in response to inflation falling to ...
From scotiabank.com|Oct 15, 2024There 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 economics.bmo.com|Sep 20, 2024Remember: September is the most challenging month of the year for equities. In the past 25 years, the S&P 500 has declined 14 times in September, with an average performance of a sickly -1.7%, and is currently on a four-year losing streak for the month. The TSX has done it one better, falling in 15 of the past 25 Septembers, with an average price change of -1.8% for the month. This year, after seemingly sticking to that historical script for the first week, stocks have since gone rogue, with many major averages charging to an ...
- 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 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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