July 2014 Canadian CPI 2.1% vs 2.2% exp y/y

• Prior 2.4%
• -0.2% vs -0.1% exp m/m. Prior +0.1%
• BOC Core 1.7% vs 1.9% exp y/y. Prior 1.8%
• -0.1% vs +0.1% exp m/m. Prior -0.1%

Headline inflation drops below 2.2% expected as goods and energy lead the fall.

Canadian CPI 22 08 2014