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 |
|---|---|---|---|
| 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% |
| Apr 16, 2024 | 0.6% | 0.7% | 0.3% |
| Mar 19, 2024 | 0.3% | 0.6% | 0.0% |
| Feb 20, 2024 | 0.0% | 0.4% | -0.3% |
-
- CA CPI m/m News
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 commentsThe 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 ...
From thestar.com|Sep 17, 2024Statistics Canada is set to release inflation numbers for August on Tuesday morning and most economists believe the annual rate likely dropped significantly, pushed by lower gasoline prices. The biggest question? Whether the drop is significant enough to push the Bank of Canada into a half percentage point rate cut at its next meeting in October. A consensus of economists surveyed by Bloomberg believe the annual rate of inflation — as measured by the Consumer Price Index — fell to 2.1 per cent in August, down from 2.5 per cent in ...
From statcan.gc.ca|Aug 20, 2024The 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 ...
From fxstreet.com|Aug 20, 2024|1 commentCanada 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 ...
From scotiabank.com|Aug 19, 2024This 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 ...
From statcan.gc.ca|Jul 16, 2024|1 commentThe 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 ...
- From statcan.gc.ca|Jun 25, 2024|2 comments
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 ...
| Released on Sep 17, 2024 |
|---|
| Released on Aug 20, 2024 |
|---|
| Released on Jul 16, 2024 |
|---|
| Released on Jun 25, 2024 |
|---|
- Details