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May CPI +2.4% YOY vs MNI consensus and..>

CANADA DATA
CANADA DATA: May CPI +2.4% YOY vs MNI consensus forecast +2.2% and 
April +2.0%. BOC's trim core inflation rate fastest since 2009 at +2.3%, 
up from April +2.0%. Price gains accelerated in 6 of 8 major categories. 
MOM CPI +0.4% vs MNI consensus of +0.2%. BOC's 3 core CPI measures 
average +2.1% YOY in May. BOC may need to discuss inflation pressure in 
its next rate decision on July 10. Energy prices -0.1% YOY in May.

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