Canadian CPI Preview: Forecasts from six major banks, inflation steering into calmer waters CPI Canada USDCAD Macroeconomics Banks
data on Tuesday, January 17 at 13:30 and as we get closer to the release time, here are the forecasts by the economists and researchers of six major banks regarding the upcoming Canadian inflation data.
“Plunging gasoline prices, combined with expected weakness in the goods sector, should have weighed on the headline figure, offsetting sustained price pressure in the services segment and translating into a 0.7% monthly decline for the headline index. If we’re right, the 12-month rate should drop six ticks to 6.2%.
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