Canada - Inflation Data for July:
- Trimmed CPI: Actual: 2.7%; YoY forecast 2.8% YoY; previous 2.9% YoY;
- Median CPI: Actual: 2.5% YoY; forecast 2.5% YoY; previous 2.6% YoY;
- CPI: Actual: 2.5% YoY; forecast 2.5% YoY; previous 2.7% YoY;
- CPI: Actual: 0.4% MoM; forecast 0.4% MoM; previous -0.1% MoM;
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Open real account TRY DEMO Download mobile app Download mobile appAlthough the data came in almost in line with expectations, the slightly lower readings put pressure on the CAD in the short term. Source: xStation