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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
- Bloomberg reports Industry Minister Champagne as saying the government is to work with food manufacturers on prices, and that “we’ll keep on pushing them” food prices.
- We note that food price inflation has moderated from its cycle high of 10.4% Y/Y in January but was still 7.8% Y/Y in July.
- Monthly run rates are lower and still moderating, but equally have still increased 5.1% annualized in seasonally adjusted terms over the three months to July.
- The continued strong price growth in a highly visible area of consumer spending, along with the recent strong increases in gasoline prices, is clearly a politically contentious area.
- Further, spillover from these areas adds risk to core measures continuing to remain sticky at the 3.5-4% range seen since last August.
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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