WEDNESDAY 7:30AM CAD/CPI
Source
Measures
Change in the price of goods and services purchased by consumers;
Usual Effect
'Actual' greater than 'Forecast' is good for currency;
Frequency
Released monthly, about 20 days after the month ends;
Next Release
FF Notes
This is the most important inflation-related release due to its earliness and broad scope. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported;
Why Traders
Care
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
Derived Via
The average price of various goods and services are sampled and then compared to the previous sampling;
Also Called
All Items CPI;
Acro Expand
Consumer Price Index (CPI);
History
Actual
Forecast
Previous
0.5%
0.1%
-0.2%
-0.2%
-0.3%
0.4%
0.4%
0.1%
0.4%
0.4%
0.4%
0.7%
0.7%
0.7%
0.7%
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