October 2016 Canadian CPI 1.5% vs 1.5% exp y/y

Details from the October 2016 Canadian CPI data report 18 November 2016

• Prior 1.3%

• 0.2% vs 0.2% exp m/m. Prior 0.1%

• BOC core 1.7% vs 1.8% exp y/y. Prior 1.8%

• 0.2% vs 0.3% exp m/m. Prior 0.2%

• SA 0.2% vs 0.2% prior m/m

• Core SA 0.0% vs 0.1% prior m/m

That's two months of inflation gaining on the trot now. The BOC put a softer stance on their inflation forecasts recently so they'll be happy by these numbers, though the core is more worrisome.

Canadian CPI & core y/y