Canadian Inflation Cools in May

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Canadian inflation eased slightly in May to a 1.5% y/y pace, from 1.7% in April. The Bank of Canada's core inflation measure, which excludes the eight most volatile items, eased only slightly to 2.1% y/y. Slower food price inflation was a the key factor behind the cooling in inflation. Food prices[​IMG]

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