Details of the May 2015 Canadian CPI data report 19 June 2015

  • Prior 0.8%
  • 0.6% vs 0.5% exp m/m. Prior -0.1%
  • BOC core 2.2% vs 2.1% exp y/y. Prior 2.3%
  • 0.4% vs 0.3% exp m/m. Prior 0.1

Stronger figures but the core does drop so that evens it up a bit

USDCAD fell to 1.2237 and is now pushing higher to 1.2280

Energy helped CPI higher rising 2.9% following the 1.1% drop in April. Energy prices are down 11.8% y/y vs -13.5% prior

Canadian CPI y/y