Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 23 June 2017

Canada Inflation Rate (CPI) 23 June 2017: 1.3% for May 2017, below the 1.5% forecast and down from 1.6% in April 2017. It is the lowest reading since November 2016. It is the fourth release in a row below the forecast. Printed 1.3%, inside the 1–3% target band. It was released on Fri 23 Jun 2017 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
1.3%
May 2017
Forecast
1.5%
The market consensus
Previous
1.6%
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) 23 June 2017: 1.3% for May 2017 against a 1.5% forecast, with the last 12 releases
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Canada Inflation Rate (CPI) 23 June 2017: 1.3% vs 1.5% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2017-06-23

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
23 Jun 2017May1.3%1.5%1.6%
19 May 2017Apr1.6%1.7%1.6%
21 Apr 2017Mar1.6%1.8%2%
24 Mar 2017Feb2.0%2.1%2.1%
24 Feb 2017Jan2.1%1.6%1.5%
20 Jan 2017Dec1.5%1.7%1.2%
22 Dec 2016Nov1.2%1.4%1.5%
18 Nov 2016Oct1.5%1.5%1.3%
21 Oct 2016Sep1.3%1.5%1.1%
23 Sep 2016Aug1.1%1.4%1.3%
19 Aug 2016Jul1.3%1.3%1.5%
22 Jul 2016Jun1.5%1.4%1.5%
The release before:Canada Inflation Rate (CPI) 19 May 2017The release after:Canada Inflation Rate (CPI) 21 July 2017Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar