Canadian May CPI -0.4% y/y vs 0.0% expected

Author: Adam Button | Category: News

Canada May inflation data

CPI
  • 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:
CPI canada
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