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% priorCPI Bank of Canada core m/m +0.3% vs +0.3% priorCore 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.
This article was written by Adam Button at investinglive.com.