Statistics Canada announced the Canada May Core CPI Year-on-Year on 2025-06-24. with the prior figure recorded as 2.5%.
Regarding the Canada May Core CPI Year-on-Year, Actual value > Forecast value = Positive for CAD, Core retail sales are a monthly measure based on changes in the sales of all consumer goods sold by a sample of various types and sizes of retail stores in Canada, excluding automotive dealerships. It is an important indicator of consumer spending and is related to the consumer confidence index, considered a gauge of the Canadian economy's pace. If this indicator is higher than expected, the Canadian dollar should be regarded as strong/bullish, whereas if it is lower than expected, the Canadian dollar should be regarded 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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