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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
- On a monthly basis, the average of the trim and median was marginally softer on the month after rounding at 0.27% M/M but followed slightly upward revised prior months.
- Note though that these upward revisions didn’t impact the Y/Y rates, for once unrevised, and with some caution needed for the weighting up of the monthly series.
- With that in mind, continued monthly underlying inflation of circa 0.3% M/M was reinforced by other measures bouncing back (ex food & energy from 0.14 to 0.34%, ex 8 most volatile & indirect taxes from 0.07 to 0.27%) despite no discernible bounce in shelter inflation.
- Combing the various measures, it keeps the recent trend rate close to 3.5% annualized rather than showing any further moderating progress.
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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