What happened
Actual 2.2% came in. Previous was 2.4%, now lower than that.
What it means
This is an inflation figure. The central bank sets interest rates based on inflation, so both currency and gold watch this closely.
High impact · 🇨🇦 CAD · Latest releaseGuide
Canada Core Inflation Rate YoY
Released · Sep
Actual2.2%
Forecast—
Previous2.4%
Next release
All times are shown in your own time zone.
What is this news
Core CPI is the same inflation measure, but with food and fuel removed because their prices swing a lot. This shows the real inflation trend. Released by Statistics Canada. This comes every month.
How important it is
Central banks often focus more on core inflation than headline, because it shows lasting inflation trends. This is a High impact event on FxGram: CAD pairs often see sharp moves at this time.
What this data does
Generally, if core inflation comes in above forecast, expectations of rates staying high increase; if lower, it suggests easing.
This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.
Previous releases
| Date | Actual | Forecast | Previous |
|---|---|---|---|
| Sep | 2.2% | — | 2.4% |
| Aug | 2.4% | — | 2.3% |
| Jul | 2.3% | — | 2.1% |
| Jun | 2.1% | — | 2.2% |
| May | 2.2% | — | 2.1% |
| Apr | 2.1% | — | 2.5% |
| Mar | 2.5% | — | 2.3% |
| Feb | 2.3% | — | 2.6% |
| Jan | 2.6% | — | 2.8% |
| Dec | 2.8% | — | 2.9% |
| Nov | 2.9% | — | 2.9% |
| Oct | 2.9% | — | 2.8% |
| Sep | 2.8% | — | 2.6% |
| Aug | 2.6% | 2.7% | 2.6% |
| Jul | 2.6% | — | 2.7% |
Data: Statistics Canada, via TradingView economic calendar.
See full calendar