Details of the August 2017 Canadian CPi report 22 September 2017

  • Prior 0.0%
  • 1.4% vs 1.5% exp y/y. Prior 1.2%
  • CPI core trim mean 1.4% vs 1.3% prior
  • Core common 1.5% vs 1.4% prior
  • Core median 1.7% unch
  • BOC core 0.0% vs -0.1% prior m/m
  • 0.9% vs 0.9% prior y/y

The year on year number has taken some steam out of BOC hike expectations.

In a world where central bankers are struggling to get their heads around inflation, the BOC’s scatter gun approach to giving us a multitude of metrics doesn’t help us one bit. Some up, some down but CAD says one, thing, “we don’t like it”.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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