Canada CPI rise 1.5% y-o-y in December

Haresh Menghani FXStreet

According to the data released by Statistics Canada on Friday, Canadian consumer price index (CPI) climbed 1.5% y-o-y in December. From a month earlier, consumer prices declined 0.2% in December.

The advance follows a 1.2% increase in November and 1.5% increase in October. Expectations were for a 1.7% advance in December.

Meanwhile, core CPI ticked higher by 02% on a monthly basis.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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