Canadian CPI rose 2.1% YoY

Statistics Canada informed on Friday that consumer prices rose at an annualized 2.1% in January and 0.9% on a monthly basis vs. forecasts for a 1.6% and 0.3% gains, respectively.

BoC’s Core CPI rose 1.7% over the last twelve months and 0.5% inter-month.

Canada Consumer Price Index (YoY) registered at 2.1% above expectations (1.6%) in January

Canada Consumer Price Index (YoY) registered at 2.1% above expectations (1.6%) in January
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USD/CAD tests lows near 1.3060 on CPI

The Canadian Dollar is extending its gains vs. its neighbour on Friday, dragging USD/CAD to fresh daily lows in the 1.3060 region. USD/CAD weaker pos
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