Canada May inflation data
- Prior was -0.2%
- CPI m/m +0.3% vs +0.7% expected
- Ex gas +0.7% -- slowest increase since 2013
- Food prices +3.1% y/y
- StatCan: " This slowdown was broad-based, with travel, shelter and contract services, such as telephone services and passenger vehicle insurance premiums, all contributing."
Core measures:
- Median 1.9% vs 1.9% exp
- Common 1.4% vs 1.6% exp
- Trim 1.7% vs 1.7% exp
Details: