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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
- By our estimates, the share of the CPI basket seeing inflation in excess of the 3% upper limit in Y/Y terms fell further from 37.3% to 33.0% in April.
- This share ended 2023 at 54.6% and is now back exactly in line with the 2019 average whilst drawing closer to the 28% averaged through 2010-19.
- Breaking down by sector, the goods share in excess of 3% Y/Y fell for an eighth consecutive month to 27.5% (34% 2019av, 26% 2010-19av).
- The service share meanwhile also improved, falling from 50% to 46.3% vs 63% in Dec but this remains elevated historically (31% 2019av, 31% 2010-19av) – see charts.
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.
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