Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 19 August 2020

Canada Inflation Rate (CPI) 19 August 2020: 0.1% for July 2020, below the 0.5% forecast and down from 0.7% in June 2020. 6 of the last 12 releases came in below the forecast. Printed 0.1%, below the 1–3% target band. It was released on Wed 19 Aug 2020 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
0.1%
July 2020
Forecast
0.5%
The market consensus
Previous
0.7%
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) 19 August 2020: 0.1% for July 2020 against a 0.5% 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) 19 August 2020: 0.1% vs 0.5% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2020-08-19

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
19 Aug 2020Jul0.1%0.5%0.7%
22 Jul 2020Jun0.7%0.3%-0.4%
17 Jun 2020May-0.4%0%-0.2%
20 May 2020Apr-0.2%-0.1%0.9%
22 Apr 2020Mar0.9%1.2%2.2%
18 Mar 2020Feb2.2%2.1%2.4%
19 Feb 2020Jan2.4%2.3%2.2%
22 Jan 2020Dec2.2%2.2%2.2%
18 Dec 2019Nov2.2%2.2%1.9%
20 Nov 2019Oct1.9%1.9%1.9%
16 Oct 2019Sep1.9%2.1%1.9%
18 Sep 2019Aug1.9%2%2%