01:30 PM BST, Canada - Inflation Data for July:
- Trimmed CPI: actual 3.0% YoY; forecast 3.0% YoY; previous 3.0% YoY;
- CPI: actual 1.7% YoY; forecast 1.7% YoY; previous 1.9% YoY;
- Median CPI: actual 3.1% YoY; forecast 3.1% YoY; previous 3.0% YoY;
- Common CPI: actual 2.6% YoY; forecast 2.7% YoY; previous 2.6% YoY;
- Core CPI: actual 2.6% YoY; previous 2.7% YoY;
- Core CPI: actual 0.1% MoM; forecast 0.4% MoM; previous 0.1% MoM;
Canada’s CPI slowed to 1.7% y/y in July (from 1.9% in June) and rose 0.3% m/m (+0.1% sa), led by a 16.1% y/y drop in gasoline; ex-gasoline, inflation held at 2.5%. Offsets came from shelter (+3.0% y/y, rent +5.1%, mortgage-interest growth easing) and groceries (+3.4% y/y), while natural gas fell less (-7.3% vs -14.1% in June). Regionally, most provinces slowed, but Newfoundland and Labrador saw faster inflation on higher electricity prices.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
