BoC: Core-annual CPI stays unchanged at 1.3% in June vs. 1.4% expected

Eren Sengezer FXStreet

The core-CPI figures released by the Bank of Canada showed that the annual inflation remained unchanged at 1.3% in June to fall short of the market expectation of 1.4%. On a monthly basis, the core-CPI rose 0.1% following May's 0.1% decrease and failed to meet the experts' estimate of 0.3%.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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