Canada CPI Trimmed-Mean YoY
Category:
CPI Trimmed-Mean
Units:
Percent
CPI Trimmed is a measure of core inflation that excludes CPI components whose rates of change in a given month are located in the tails of the distribution of price changes. This measure helps filter out extreme price movements that might be caused by factors specific to certain components. In particular, CPI-trim excludes 20 percent of the weighted monthly price variations at both the bottom and top of the distribution of price changes, and thus it always removes 40 percent of the total CPI basket.
A higher than expected figure should be seen as positive (bullish) for the CAD while a lower than expected figure should be seen as negative (bearish) for the CAD.
Source:
Bank of Canada
Event Details
Impact:
High
Country:
Symbol:
CAD
Latest Release
Previous:
2.9%
Consensus:
2.8%
Actual:
2.9%
Next Release
Date:
12:30 PM, 20 Aug 2024 (in 24 days)
Time left:
in 24 days