Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Consumer Price Index (MoM) yet - check back for updates.
The most recent announced value for Consumer Price Index (MoM) was -0.2% against a forecast of -0.3%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Ivey Purchasing Managers Index | Bullish change | 43.3 | 47 | ||
| Ivey Purchasing Managers Index s.a | Bearish change | 51.9 | 50.9 | ||
| Average Hourly Wages (YoY) | Bearish change | 3.7% | 3.3% | ||
| Net Change in Employment | Bearish change | 8.2K | -24.8K | ||
| Unemployment Rate | Bullish change | 6.8% | 6.5% | ||
| S&P Global Manufacturing PMI | Bullish change | 48.6 | 50.4 | ||
| Gross Domestic Product (MoM) | Bullish change | -0.3% | 0% | ||
| BoC Interest Rate Decision | (no change) | 2.25% | 2.25% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Inflation |
| Frequency: | Monthly |