Fri, 20 May 2016 11:46:05 GMT
Canadian April CPI is expected to grow
Canada's CPI for the past month is expected to show an increase from 1.3% to 1.7% on an annualized basis in April, whereas the core CPI is predicted to slow down to 2%. The faster inflation rate will provide support to the Canadian Dollar, which touched its six-week low against its US counterpart on Thursday. Official inflation figures will be released by Statistics