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MNI PREVIEW: Feb. CPI -- Wed 8:30 EST .......>

CANADA
CANADA: MNI PREVIEW: Feb. CPI -- Wed 8:30 EST 
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- MNI median +2.1% YoY vs prior +2.4%, +0.4% MoM vs. prior +0.3%.
- January YoY rate was the fastest in eight months on gasoline and housing. 
- Lower gasoline prices, mostly offsetting Jan. 11% YoY gain, to curb Feb. CPI
gain. 
- Ontario rail blockade in February may also negatively affect CPI. 
- February CPI aided by seasonal effects like travel expenditures, foods and
apparels. 
- Feb. CPI is near BOC target line, while COVID-19 makes March volatile around
social isolation and reports of consumer stockpiling.

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