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December CPI +2.2% YoY, Prior +2.2%,....>

CANADA DATA
CANADA DATA: December CPI +2.2% YoY, Prior +2.2%, MNI Median +2.3%
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- December CPI 0.0% MoM vs MNI median +0.1%.
- Average of Bank of Canada core measures +2.1% YoY.
- CPI excluding gasoline +2.0% YoY, smallest gain since November 2018. 
- CPI YoY gains on gasoline (+7.4%), rent (+3.4%) and mortgage interest 
cost (+6%). 
- November Wholesale Sales -1.2%, vs MNI Median -0.5%; third decline in 
five months. 
- Motor vehicle and parts (-3.3%) and miscellaneous (-4.1%) contributed 
the most to Nov. decline. 
- Inventory-to-sales increased from 1.43 to 1.45; the highest record 
since 1995.

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