Canadian April CPI is expected to grow

Note: This section contains information in English only.
Source: WBP Online
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 Canada at 12:30 GMT on Friday.



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