Canadian Inflation Declined Again in April
Inflation remained negative in Canada for the second month in April
Skerdian Meta•Wednesday, June 17, 2020•1 min read

The inflation report from Canda for April was released a while ago. Annualized CPI remained negative for the second month, declining by 0.4%, against expectations of flat-lining that month. Although, that was the main lock-down month, so it was going to have a maximum impact on everyday life and every sector of the economy.
Canadian May CPI Inflation Report
- May CPI YoY -0.4% vs 0.0% expected
- Prior CPI YoY was -0.2%
- May CPI MoM +0.3% vs +0.7% expected
- CPI ex. gas +0.7% — slowest increase since 2013
- Food prices +3.1% YoY
- StatCan: ” This slowdown was broad-based, with travel, shelter and contract services, such as telephone services and passenger vehicle insurance premiums, all contributing.”
Core measures:
- Median CPI YoY 1.9% vs 1.9% expected
- Common CPI YoY 1.4% vs 1.6% expected
- Trimmed mean CPI YoY 1.7% vs 1.7% expected
Details:

- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
Related Articles
Comments
0
0
votes
Article Rating
Subscribe
Login
Please login to comment
0 Comments
Oldest
Newest
Most Voted
Inline Feedbacks
View all comments
Sidebar rates
HFM
Related Posts
Doo Prime
XM
Best Forex Brokers
