Insight into Canada's February Consumer Price Index (CPI) Report
Tuesday, 19 March 2024, 12:30
Canada February CPI Report Overview
Last month, the Canada February CPI report showed a 2.8% year-on-year figure, slightly lower than the anticipated 3.1%. The core measures of the CPI including CPI m/m, Bank of Canada core stats, and core CPI MoM SA are highlighted for analysis.
Key Comparisons:
- CPI m/m % vs +0.6% expected
- Bank of Canada core y/y % vs 2.4% prior
- CPI Bank of Canada core m/m % vs +0.1% prior
Overall, this report provides valuable insights into Canada's consumer price index performance and comparisons with previous expectations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.