August 2018 Canada CPI data 21 September 2018

  • Prior 3.0%
  • -0.1% vs -0.1% exp m/m. Prior 0.5%
  • BOC Core 1.7% vs 1.6% prior y/y
  • 0.1% vs 0.2% prior m/m
  • CPI median 2.1% vs 2.0% prior y/y
  • Trim 2.2% vs 2.1% prior y/y
  • Common 2.0% vs 1.9% prior y/y

On the money with the headline but the core measures tick up. That won’t burst any bubbles for BOC hike watchers. CAD has gone a touch bid to 1.2893.

 

Ryan Littlestone

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