Bank of Canada Core CPI (Y/Y)

Actual
1.9%
Previous
1.9%
Forecast
1.9%

The Consumer Price Index Core, released by the Bank of Canada, is a method for measuring core inflation. Core CPI excludes energy and food prices; these prices can be very volatile. It is the most important indicator of inflation in Canada. An increase of CPI can stimulate the central bank to raise interest rates in order to manage inflation and slow economic growth.

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