Consumer Price Index (MoM)

The Consumer Price Index (CPI) released by the Statistics Canada is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of CAD is dragged down by inflation. The Bank of Canada aims at an inflation range (1%-3%). Generally speaking, a high reading is seen as anticipatory of a rate hike and is positive (or bullish) for the CAD.

Most recent - Tuesday 19 November 2024 13:30

Previous
-0.4%
Forecast
0.3%
Actual
0.4%

Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.

Next event - Thursday 19 December 2024 13:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on CAD pairs is medium.

There is no forecast value for Consumer Price Index (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Consumer Price Index (MoM) was 0.4% against a forecast of 0.3%.

Past events

Date
Forecast
Actual
Tuesday 19 November 2024 13:30
0.3%
0.4%
Tuesday 15 October 2024 12:30
-
-0.4%
Tuesday 17 September 2024 12:30
0.1%
-0.2%
Tuesday 20 August 2024 12:30
0.3%
0.4%
Tuesday 16 July 2024 12:30
0.1%
-0.1%
Tuesday 25 June 2024 12:30
0.3%
0.6%
Tuesday 21 May 2024 12:30
0.5%
0.5%
Tuesday 16 April 2024 12:30
0.7%
0.6%
Tuesday 19 March 2024 12:30
0.6%
0.3%
Tuesday 20 February 2024 13:30
0.4%
0%
Tuesday 16 January 2024 13:30
-0.3%
-0.3%
Tuesday 19 December 2023 13:30
-0.2%
0.1%
Tuesday 21 November 2023 13:30
0.1%
0.1%
Tuesday 17 October 2023 12:30
0.1%
-0.1%
Tuesday 19 September 2023 12:30
0.2%
0.4%
Tuesday 15 August 2023 12:30
0.3%
0.6%
Tuesday 18 July 2023 12:30
0.3%
0.1%
Tuesday 27 June 2023 12:30
0.5%
0.4%
Tuesday 16 May 2023 12:30
0.4%
0.7%
Tuesday 18 April 2023 12:30
0.5%
0.5%
Tuesday 21 March 2023 12:30
0.6%
0.4%
Tuesday 21 February 2023 13:30
0.7%
0.5%
Tuesday 17 January 2023 13:30
-0.5%
-0.6%
Wednesday 21 December 2022 13:30
0%
0.1%
Wednesday 16 November 2022 13:30
0.7%
0.7%
Wednesday 19 October 2022 12:30
0%
0.1%
Tuesday 20 September 2022 12:30
-0.1%
-0.3%
Tuesday 16 August 2022 12:30
0.1%
0.1%
Wednesday 20 July 2022 12:30
0.9%
0.7%
Wednesday 22 June 2022 12:30
1%
1.4%
Wednesday 18 May 2022 12:30
0.5%
0.6%
Wednesday 20 April 2022 12:30
1%
1.4%
Wednesday 16 March 2022 12:30
0.9%
1%
Wednesday 16 February 2022 13:30
0.6%
0.9%
Wednesday 19 January 2022 13:30
-0.1%
-0.1%
Wednesday 15 December 2021 13:30
0.2%
0.2%

Economic context

Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (MoM) result:

PreviousLatest
BoC Consumer Price Index Core (MoM)Bullish change0%0.4%
BoC Consumer Price Index Core (YoY)Bullish change1.6%1.7%
Consumer Price Index (YoY)Bullish change1.6%2%
Average Hourly Wages (YoY)Bullish change4.5%4.9%
Net Change in EmploymentBearish change46.7K14.5K
Unemployment Rate(no change)6.5%6.5%

About Consumer Price Index (MoM)

Country:Canada
Currency:CAD
Source:Statistics Canada
Category:Inflation
Frequency:Monthly

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