Consumer Price Index (MoM)

Date Time Left   Event Impact Previous Consensus Actual
Apr 21, 12:30  Consumer Price Index (MoM) 0.2% 0.4% 0.2%

Consumer Price Index (MoM)

The Consumer Price Index (CPI) released by the Statistics Canada is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of CAD is dragged down by inflation. The Bank of Canada aims at an inflation range (1%-3%). Generally speaking, a high reading is seen as anticipatory of a rate hike and is positive (or bullish) for the CAD.



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