April 2018 Canadian CPI inflation data 18 May 2018

  • Prior 2.3%
  • 0.3% vs 0.4% exp m/m. Prior 0.3%
  • Core common 1.9% vs 2.0% exp y/y. Prior 1.9%
  • Core trim 2.1% vs 2.0% prior y/y
  • Core Median 2.1% vs 2.1% prior y/y. Revised to 2.0%
  • BOC core 1.5% vs 1.4% prior y/y
  • 0.1% vs 0.2% prior m/m

USDCAD has jumped but it’s really only the headline that’s slightly disappointing. Maybe the market was looking for more than this.

Ryan Littlestone

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