- Prior 1.5%
- 0.3% vs 0.3% exp m/m. Prior 0.6%
- Core 1.4% vs 1.2% prior y.y
- 0.2% vs 0.3% prior m/m
- BOC core CPI 1.4% vs 1.4% exp y/y. Prior 1.3%
- 0.2% vs 0.2% exp m/m. Prior 0.3%
All right on the money and pushes any thoughts of disinflation firmly away.
USD/CAD loses 12 odd pips from 1.0901 to 1.0889
It’s the highest headline number for two years and brings it to bang in the middle of the BOC target. They run a 1-3% ideal target range.
Energy fell in the month to +2.4% from 2.8% but almost doubled in the year on year set to 8.4% from 4.6%.
Canadian CPI 23 05 2014
