- Prior was +2.4%
- CPI m/m +0.2% vs +0.2% expected (prior +0.1%)
Core measures
- CPI Bank of Canada core y/y 2.9% vs 2.8% prior
- CPI Bank of Canada core m/m +0.3% vs +0.3% prior
- Core CPI m/m SA +0.3% vs +0.3% prior
- Trim 3.0% versus 3.0% expected (prior was 3.1%)
- Median 2.9% versus 3.1% expected (prior was 3.2%)
- Common 2.7% versus 2.7% prior
The Bank of Canada moved to the sidelines after the latest cut and you can see why.
