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Core CPI Latest Trends

CANADA DATA
Core CPI (median & trim av - BoC focus):
  • % M/M: 0.12 in Jan'24 after 0.39 in Dec'23
  • % 3mth ar: 3.2 in Jan'24 after 3.6 in Dec'23
  • % 6mth ar: 3.3 in Jan'24 after 3.7 in Dec'23

CPI xFE (ex food & energy):

  • % M/M: 0.07 in Jan'24 after 0.2 in Dec'23
  • % 3mth ar: 2.5 in Jan'24 after 3.6 in Dec'23
  • % 6mth ar: 2.9 in Jan'24 after 3.4 in Dec'23

CPIX (ex 8 most volatile & indirect taxes):

  • % M/M: 0.06 in Jan'24 after 0.06 in Dec'23
  • % 3mth ar: 1.6 in Jan'24 after 2.4 in Dec'23
  • % 6mth ar: 2 in Jan'24 after 2.5 in Dec'23
Source: Bloomberg, MNI
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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