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Canada CPI rose to 4.4% yoy in Apr, first acceleration since June 2022

Canada CPI rose to 4.4% yoy in Apr, first acceleration since June 2022
Canada CPI rose 0.7% mom in April, above expectation of 0.5% mom. Prices for gasoline (+6.3%) contributed the most to the headline month-over-month movement. Excluding gasoline, the monthly CPI rose 0.5%. Over the 12-month period, CPI accelerated from 4.3% yoy to 4.4% yoy, above expectation of 4.1% yoy. That’s the first acceleration in headline CPI since […] The post Canada CPI rose to 4.4% yoy in Apr, first acceleration since June 2022 appeared first on Action Forex... Read More
Posted: May 16 2023, 12:44
Author Name: actionforex
Views: 092187

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