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 high.
There is no forecast value for Consumer Price Index (YoY) yet - check back for updates.
The most recent announced value for Consumer Price Index (YoY) was 2.6% against a forecast of 2.1%.
Recent economic data has been strongly bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | Bearish change | 4% | 3.5% | ||
Net Change in Employment | Bearish change | 1.1K | -32.6K | ||
Unemployment Rate | Bearish change | 6.6% | 6.7% | ||
S&P Global Manufacturing PMI | Bearish change | 47.8 | 46.3 | ||
Gross Domestic Product (MoM) | Bullish change | 0.3% | 0.4% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Inflation |
Frequency: | Monthly |