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Canada May CPI 3.4% y/y versus 3.4% expected

Canada May CPI 3.4% y/y versus 3.4% expected
Lowest reading since June 2021Prior was 4.4%CPI m/m +0.4% vs +0.5% expectedPrior m/m reading was 0.7%Gasoline prices -18.3% vs -7.7% y/y in prior month Gasoline prices -0.8% m/m vs +6.3% prior monthEx gasoline +4.4% vs +4.9% priorFood +8.3% vs +9.1% y/y priorMortgage interest costs 4.9% y/y vs 4.9% increase in AprilGoods inflation +2.1% y/yServices inflation +4.9%Core measures:BOC core y/y 3.7% vs 3.9% expected (prior 4.1%)BOC core m/m +0.4% vs +0.5% priorMedian 3.9% vs 4.2% priorTrim 3.8% vs 4... Read More
Posted: Jun 27 2023, 12:30
Author Name: forexlive
Views: 111348

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