• Prior was 2.2%
  • Inflation m/m +0.1% vs +0.1% prior
  • BOC core 2.9% vs 2.9% prior
  • BOC core m/m -0.1% vs +0.6% prior
  • Core CPI +0.2% m/m vs +0.3% prior
  • CPI median +2.8% vs +2.9% expected
  • CPI trim +2.8% vs +2.9% expected
  • CPI common 2.8% vs 2.7% prior

This is generally good news for the Bank of Canada as the monthly numbers were benign.

Source: Investing Live