Canada Core Consumer Price Index (CPI) m/m

Country:
Canada
CAD, Canadian dollar
Sector:
Prices
Medium 0.1% -0.1%
0.2%
Last release Importance Actual Forecast
Previous
0.2%
0.1%
Next release Actual Forecast
Previous
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Canada Core Consumer Price Index (CPI) m/m shows the change in prices of a fixed basket of goods and services from the consumer perspective, in the reported month compared to the previous month. The basket contains goods and services of unchanging or equivalent quality and quantity, therefore the index shows only a pure price change. Food and energy prices are excluded from the index calculation due to their high volatility.

Each element in the basket has a certain weight in the index calculation, depending on the share of spendings on its consumption. The basket is revised every two years. Public goods and services provided by governments, and for which there is no market price, are excluded from the basket. For example, this includes health services received through the health insurance system and some types of insurance premiums. However, drugs, dental care and eye care services are included. Alcohol and tobacco are included in the calculation, because they represent a significant expenditure.

The statistics does not include people living in collective households (prison inmates, chronic care patients in hospital and nursing homes), those living on Indian reserves and official representatives of foreign countries.

The index is calculated in relation to the reference period (currently this is the year 2002), for which the value is equal to 100.

The consumer price index is used as an indicator of the change in the overall level of consumer inflation. It is used in the adjustment of contracted payments, such as wages, rents leases and social allowances. It is also used as a deflator of various economic aggregates. The Bank of Canada uses the CPI to monitor its monetary policies. Analysts and economists use the CPI for analysis of the causes and effects of inflation.

The indicator growth can have a positive effect on CAD quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "Canada Core Consumer Price Index (CPI) m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Aug 2018
0.1%
-0.1%
0.2%
Jul 2018
0.2%
-0.1%
0.1%
Jun 2018
0.1%
0.3%
-0.1%
May 2018
-0.1%
0.2%
0.1%
Apr 2018
0.1%
0.2%
0.2%
Mar 2018
0.2%
0.2%
0.7%
Feb 2018
0.7%
0.5%
0.5%
Jan 2018
0.5%
0.7%
-0.5%
Dec 2017
-0.5%
-0.6%
-0.1%
Nov 2017
-0.1%
-0.7%
0.3%
Oct 2017
0.3%
0.1%
0.2%
Sep 2017
0.2%
0.3%
0.0%
Aug 2017
0.0%
0.2%
-0.1%
Jul 2017
-0.1%
0.1%
Jun 2017
0.1%
0.1%
May 2017
0.1%
0.0%
Apr 2017
0.0%
0.3%
Mar 2017
0.3%
0.4%
Feb 2017
0.4%
0.5%
Jan 2017
0.5%
-0.3%
Dec 2016
-0.3%
-0.5%
Nov 2016
-0.5%
0.2%
Oct 2016
0.2%
0.2%
Sep 2016
0.2%
0.0%
Aug 2016
0.0%
0.0%
Jul 2016
0.0%
0.0%
Jun 2016
0.0%
0.3%
May 2016
0.3%
0.2%
Apr 2016
0.2%
0.7%
Mar 2016
0.7%
0.5%
Feb 2016
0.5%
0.3%
Jan 2016
0.3%
-0.4%
Dec 2015
-0.4%
-0.3%
Nov 2015
-0.3%
0.3%
Oct 2015
0.3%
0.2%
Sep 2015
0.2%
0.2%
Aug 2015
0.2%
0.0%
Jul 2015
0.0%
0.0%
Jun 2015
0.0%
0.4%
May 2015
0.4%
0.1%
Apr 2015
0.1%
0.6%
Mar 2015
0.6%
0.6%
Feb 2015
0.6%
0.2%
Jan 2015
0.2%
-0.3%
Dec 2014
-0.3%
-0.2%
Nov 2014
-0.2%
0.3%
Oct 2014
0.3%
0.2%
Sep 2014
0.2%
0.5%
Aug 2014
0.5%
-0.1%
Jul 2014
-0.1%
-0.1%

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