Canada: February headline CPI edged up to 1.5% - RBC

Sandeep Kanihama FXStreet Contributor

Josh Nye, senior economist at RBC Economics Research, notes that the Canada’s headline CPI edged up to 1.5% year-over-year from 1.4% in January, slightly ahead of market expectations.

Key Quotes

“The BoC’s core inflation measures were little changed, though the average dipped to 1.8% after rounding. After rising to 2% in early-2018, these measures have shown little upward momentum—consistent with the economy reaching capacity but not going much beyond its limits.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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