Canada CPI accelerated sharply form 5.1% yoy to 5.7% yoy in February, above expectation of 5.5% yoy. That’s the largest gain since August 1991, and it’s the second consecutive month where headline inflation exceeded 5% level. Excluding gasoline, CPI rose 4.7% yoy up from January’s 4.3% yoy, fastest since its introduction in 1999. On a […]
The post Canada CPI jumped to 5.7% yoy in Feb, highest since 1991 appeared first on Action Forex.