Inflation CPI in Canada (June): 2.7% YoY vs 2.7% exp, and 2.9% previously (-0.1% MoM vs exp. 0.1% MoM and 0.6% previously)
Canadian Core CPI MoM Actual 0.1% (Forecast -, Previous 0.3%)
- Canadian CPI (Trim) came in 2.9% YoY vs 2.8% exp. and 2.9% previously
- Canadian CPI (Median) came in 2.6% YoY vs 2.7% exp. and 2.8% previously
- BoC Core CPI came in 1.9% YoY vs 1.8% previously (-0.1% MoM vs 0.6% previously
- Canadian CPI Common came in 2.3% vs 2.4% previously
House Starts in Canada (June) came in 241.7k vs 254.1k exp. and 264.5k previously
USDCAD gains after quite mixed Canadian inflation data and strong retail sales report from the US.
Source: xStation5
Source: Statisitcs Canada, Bloomberg Finance L.P. , XTB Research
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