September 2018 Canadian CPI inflation and retail sales data 19 October 2018

  • Prior 2.8%
  • -0.4% vs 0.1% exp m/m. Prior -0.1%
  • BOC core 1.5% vs 1.7% prior y/y
  • Core common 1.9% vs 2.0% exp y/y. Prior 2.0%
  • Core Median 2.0% vs 2.1% prior y/y
  • Trim 2.1% vs 2.2% prior y/y

Retail sales (August 2018)

  • -0.1% vs 0.3% exp m/m. Prior 0.3%
  • Ex-autos -0.4% vs 0.1% exp m/m. Prior 0.9%

Soft numbers all round. USDCAD blasts into 1.31 and to a 1.3120 high.

Ryan Littlestone

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