Canada May CPI MoM

Statistics Canada announced the Canada May CPI MoM on 2025-06-24. The reported figure stands at 0.6%, against a forecast of 0.50%, with the prior figure recorded as -0.10%.

Regarding the Canada May CPI MoM, Actual value > Forecast value = Positive for CAD, The Consumer Price Index (CPI) is an indicator that measures the changes in the prices of consumer goods and services. The CPI measures price changes from the perspective of consumers. It is an important method for measuring changes in purchasing trends and inflation in Canada. If the index is higher than expected, the Canadian dollar should be considered strong/bullish (typically, a method to combat inflation is to raise interest rates, which can attract foreign investment), while if the index is lower than expected, the Canadian dollar should be considered weak/bearish.

This data holds an importance level of , calculated using Announce the changes in consumer goods prices, and publish monthly and annual rate data, and updates monthly. The next release is set for 2025-07-15 20:30:00.

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