Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 17 June 2016

Canada Inflation Rate (CPI) 17 June 2016: 1.5% for May 2016, below the 1.6% forecast and down from 1.7% in April 2016. 6 of the last 12 releases came in below the forecast. Printed 1.5%, inside the 1–3% target band. It was released on Fri 17 Jun 2016 at 12:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics Canada. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
1.5%
May 2016
Forecast
1.6%
The market consensus
Previous
1.7%
As the source gives it

What a print like this usually does

Below the forecast: A clear miss or continued cooling toward 2% would usually weigh on the Canadian dollar as markets price a more dovish Bank of Canada.

Canada Inflation Rate (CPI) 17 June 2016: 1.5% for May 2016 against a 1.6% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Canada Inflation Rate (CPI) 17 June 2016: 1.5% vs 1.6% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2016-06-17

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
17 Jun 2016May1.5%1.6%1.7%
20 May 2016Apr1.7%1.7%1.3%
22 Apr 2016Mar1.3%1.2%1.4%
18 Mar 2016Feb1.4%1.5%2%
19 Feb 2016Jan2.0%1.7%1.6%
22 Jan 2016Dec1.6%1.7%1.4%
18 Dec 2015Nov1.4%1.5%1.0%
20 Nov 2015Oct1.0%1%1.0%
23 Oct 2015Sep1.0%1.1%1.3%
18 Sep 2015Aug1.3%1.3%1.3%
21 Aug 2015Jul1.3%1.4%1%
17 Jul 2015Jun1%1.0%0.9%
The release before:Canada Inflation Rate (CPI) 20 May 2016The release after:Canada Inflation Rate (CPI) 22 July 2016Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar