Canadian April CPI +0.6% vs +0.5% m/m expected


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CPI chart Canada
  • Prior was +1.4%
  • CPI y/y 6.8% vs 6.7% expected
  • Prior y/y reading was +6.7%
  • Gasoline prices vs +39.8% m/m prior

Core measures y/y:

  • Median 4.4% vs 3.8% prior
  • Trim 5.1% vs 4.7% prior
  • Common 3.2% vs 2.9% expected (prior was 2.8%)
  • BOC core 5.7% vs 5.4% expected (prior was 5.5%)
  • BOC core +0.7% m/m vs +0.4% expected

This is another terrible global read on inflation.