Challenges
BoC Consumer Price Index Core (MoM)
Most recent - Tuesday 16 May 2023 12:30
Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
Next event - Wednesday 21 June 2023 12:30
The typical/expected impact on CAD pairs is medium.
There is no forecast value for BoC Consumer Price Index Core (MoM) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for BoC Consumer Price Index Core (MoM) was 0.5% against a forecast of 0.7%.
Past events
Economic context
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next BoC Consumer Price Index Core (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Average Hourly Wages (YoY) | Bearish change | 5.2% | 5.1% | ||
| Net Change in Employment | Bearish change | 41.4K | -17.3K | ||
| Participation Rate | Bearish change | 65.6% | 65.5% | ||
| Unemployment Rate | Bearish change | 5% | 5.2% | ||
| BoC Interest Rate Decision | Bullish change | 4.5% | 4.75% | ||
| International Merchandise Trade | Bullish change | $0.23B | $1.94B | ||
| Ivey Purchasing Managers Index | Bullish change | 55.6 | 60.1 | ||
| Ivey Purchasing Managers Index s.a | Bearish change | 56.8 | 53.5 | ||
| S&P Global Manufacturing PMI | Bearish change | 50.2 | 49 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.1% | 0% | ||
| Gross Domestic Product (QoQ) | Bullish change | 0% | 0.8% | ||
| Gross Domestic Product Annualized | Bullish change | -0.1% | 3.1% | ||
| Current Account | Bullish change | -8.05B | -6.17B |
About BoC Consumer Price Index Core (MoM)
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Inflation |
| Frequency: | Monthly |