Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx 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% against a forecast of 2.1%.
Recent economic data has been strongly bullish 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 | 4.9% | 4.5% | ||
Net Change in Employment | Bullish change | 22.1K | 46.7K | ||
Unemployment Rate | Bullish change | 6.6% | 6.5% | ||
Ivey Purchasing Managers Index | Bullish change | 50.3 | 54.5 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 48.2 | 53.1 | ||
S&P Global Manufacturing PMI | Bullish change | 49.5 | 50.4 |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Inflation |
Frequency: | Monthly |