Free Trial

Canada March CPI Rises From Gas But Shows Deceleration In Core

CANADA DATA
  • CPI matched forecasts in March, rising +2.9% YOY from +2.8% in Feb and +0.6% MOM.
  • Headline inflation was driven by mortgage interest costs and rent, but gasoline caused the acceleration as prices +4.5% YOY and +4.9% MOM. 
  • CPI ex food and energy +2.9% YOY, +0.7% MOM. 
  • BoC preferred core measures showed some deceleration and are at their slowest since June 2021; trim +3.1% YOY from +3.2% and median +2.8% from +3%. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.