Free Trial

March CPI...............................>

CANADA DATA
CANADA DATA: March CPI
------------------------------------------------------------------------
- March CPI +0.7% m/m, +1.9% y/y, in line with BBG and MNI consensus
- BOC's preferred measures of core CPI averaged 2.0% vs Feb 1.9%
- 1Q average y/y CPI 1.6%, undershooting BOC's 1.7% projection; 4Q 2.0%
- But 1Q average for core measures 1.9%, close to BOC's 2.0% target
- Mortg interest cost +8.1% y/y, largest y/y upward contributor
- Gasoline -4.4% y/y, largest y/y downward contributor
- But gasoline +11.6% m/m, largest m/m upward contributor
- CPI ex gasoline +0.4% m/m and +2.2% y/y

To read the full story

Close

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.