Canada: headline CPI rises to 2.2% y-o-y in February

Haresh Menghani FXStreet

“The Consumer Price Index (CPI) rose 2.2% on a year-over-year basis in February, following a 1.7% increase in January,“ the Statistics Canada reported this Friday.

Key highlights:

• All eight major components increased year over year in February.

• On a seasonally adjusted monthly basis, the CPI rose 0.2% in February, following a 0.5% increase in January.

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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