Canada: Annual CPI declines to 5.2% in February vs. 5.4% expected – by eren_fxstreet Canada Inflation CPI Macroeconomics EconomicIndicator
ed on Tuesday. This reading came in below the market expectation of 5.4%. On a monthly basis, CPI rose 0.4% in February, compared to analysts' estimate of 0.6%.
Additionally, the Bank of Canada's Core CPI, which excludes volatile food and energy prices, dropped to 4.7% on a yearly basis from 5% in January.edged higher with the initial reaction and was last seen rising 0.05% on the day at 1.3672.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/CAD Price Analysis: Cushion around 1.3700 looks delicate ahead of Canada CPI and Fed policyUSD/CAD Price Analysis: Cushion around 1.3700 looks delicate ahead of Canada CPI and Fed policy USDCAD Fed Inflation ChartPatterns SupportResistance
Read more »
USD/CAD eyes fresh downside below 1.3650 as Fed to sound less-hawkish, Canada CPI eyedThe USD/CAD pair is demonstrating a back-and-forth action around the critical support of 1.3650 in the early Tokyo session. The Loonie asset is expect
Read more »
Canadian CPI Preview: Forecasts from five major banks, inflation growth to decelerateStatistics Canada will release February Consumer Price Index (CPI) data on Tuesday, March 21 at 12:30 and as we get closer to the release time, here a
Read more »
China: Tesla Increased Retail EV Sales And Exports In February 2023Tesla continues to expand its electric vehicle business in China, increasing both local car sales and export of Made-in-China (MIC) Model 3/Model Y.
Read more »
Annual count shows Mexican wolf population reaches record numbersThe annual Mexican wolf count showed the population grew from 196 to at least 241 wolves.
Read more »
Hyundai Motor Plug-In Car Sales Surged By 70% In February 2023In February, the combined wholesale shipments (closely related to production) of Hyundai and Genesis plug-in cars exceeded to 30,000 (up 70% year-over-year).
Read more »