Consumer Price Index (YoY)

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
1.6%
Forecast
1.9%
Actual
2%

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 high.

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

Trading range

Forecast history

The most recent announced value for Consumer Price Index (YoY) was 2% against a forecast of 1.9%.

Past events

Date
Forecast
Actual
Tuesday 19 November 2024 13:30
1.9%
2%
Tuesday 15 October 2024 12:30
1.8%
1.6%
Tuesday 17 September 2024 12:30
2.1%
2%
Tuesday 20 August 2024 12:30
2.5%
2.5%
Tuesday 16 July 2024 12:30
-
2.7%
Tuesday 25 June 2024 12:30
2.6%
2.9%
Tuesday 21 May 2024 12:30
2.7%
2.7%
Tuesday 16 April 2024 12:30
-
2.9%
Tuesday 19 March 2024 12:30
3.1%
2.8%
Tuesday 20 February 2024 13:30
3.3%
2.9%
Tuesday 16 January 2024 13:30
3.4%
3.4%
Tuesday 19 December 2023 13:30
2.9%
3.1%
Tuesday 21 November 2023 13:30
3.2%
3.1%
Tuesday 17 October 2023 12:30
4%
3.8%
Tuesday 19 September 2023 12:30
3.8%
4%
Tuesday 15 August 2023 12:30
3%
3.3%
Tuesday 18 July 2023 12:30
3%
2.8%
Tuesday 27 June 2023 12:30
3.4%
3.4%
Tuesday 16 May 2023 12:30
4.1%
4.4%
Tuesday 18 April 2023 12:30
4.3%
4.3%
Tuesday 21 March 2023 12:30
5.4%
5.2%
Tuesday 21 February 2023 13:30
6.1%
5.9%
Tuesday 17 January 2023 13:30
6.3%
6.3%
Wednesday 21 December 2022 13:30
6.7%
6.8%
Wednesday 16 November 2022 13:30
6.9%
6.9%
Wednesday 19 October 2022 12:30
6.8%
6.9%
Tuesday 20 September 2022 12:30
7.3%
7%
Tuesday 16 August 2022 12:30
7.6%
7.6%
Wednesday 20 July 2022 12:30
8.4%
8.1%
Wednesday 22 June 2022 12:30
7.4%
7.7%
Wednesday 18 May 2022 12:30
6.7%
6.8%
Wednesday 20 April 2022 12:30
6.1%
6.7%
Wednesday 16 March 2022 12:30
5.5%
5.7%
Wednesday 16 February 2022 13:30
4.8%
5.1%
Wednesday 19 January 2022 13:30
4.8%
4.8%
Wednesday 15 December 2021 13:30
4.7%
4.7%

Economic context

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 (YoY) result:

PreviousLatest
S&P Global Manufacturing PMIBullish change51.152
Gross Domestic Product (QoQ)Bearish change0.5%0.3%
Gross Domestic Product AnnualizedBearish change2.2%1%
Gross Domestic Product (MoM)Bullish change0%0.1%
Current AccountBullish change-4.7B-3.23B
Retail Sales (MoM)(no change)0.4%0.4%
Retail Sales ex Autos (MoM)Bullish change-0.8%0.9%

About Consumer Price Index (YoY)

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

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