Free Trial
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.
CANADA DATA
- Headline CPI inflation fell from 5.2% to 4.3% Y/Y as expected, leaving the Q1 average at 5.15% per last week’s MPR forecast of 5.2%.
- The BoC expects it to slow to an average 3.3% in Q2 after which the rate of moderation slows to 2.5% by 4Q23 and 2.1% by 4Q24.
- The average of median/trim eased 0.25pps to 4.50% Y/Y with trim inline at 4.4% (-0.4pps, cons 4.4) and median fractionally stronger than expected at 4.6% (-0.3pps, cons 4.5).
- It's also the first month that headline has been below the average of the median/trim in Y/Y terms since Feb'21.
- CPI ex food & energy eased from 4.84% Y/Y to 4.51% Y/Y, it’s lowest since Feb’22.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok