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Canada March CPI 2.9% year-on-year versus 2.9% expected

  • Before, it was 2.8% over one year
  • CPI m/m +0.6% versus +0.7% expected

Basic measurements

  • Bank of Canada core CPI over one year +2.0% vs. 2.1% previously
  • CPI Bank of Canada base m/m +0.5% vs. +0.1% previously
  • Core CPI MoM SA -0.1% compared to -0.1% previously (revised to 0.0%)
  • Reduce by 3.1% against 3.2% previously (expected at 3.2%)
  • Median 2.8% versus 3.1% previously
  • Common 2.9% versus 3.1% previously

This article was written by Adam Button at www.forexlive.com.

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