Statistics Canada announced the Canada's Core CPI Year-on-Year for April on 2025-05-20. The reported figure stands at 2.5%, with the prior figure recorded as 2.2%.
Regarding the Canada's Core CPI Year-on-Year for April, Actual value > Forecast value = Positive for CAD, Core retail sales are a monthly measurement based on the change in the sales of all consumer goods sold by retailers obtained from a sample survey of various types and sizes of retail stores in Canada (excluding automobile dealerships). It is an important indicator of consumer spending and is related to the consumer confidence index, regarded as a gauge of the strength of the Canadian economy. If this indicator is higher than expected, the Canadian dollar should be considered strong/bullish, while if it is lower than expected, the Canadian dollar should be viewed as weak/bearish.
This data holds an importance level of , calculated using Announce the changes in consumer goods prices, publish monthly and annual rate data, and updates Monthly.
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