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Canadian Inflation Smooth on the Surface, Hiding Crosscurrents Underneath

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 22, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Canadian inflation held steady in June at a 1.5% y/y pace. Ditto for the Bank of Canada's core inflation measure, which held at 2.1% (y/y). Not surprisingly given hot housing markets in parts of Canada, housing and related expenditures were key forces behind inflation. Over the past year shelter (+1.6%) and[​IMG]

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