Canada: Consumer Price Index beats consensus and rises 1.2% in February (MoM)

FXstreet.com (Barcelona) - The Consumer Price Index in Canada beat consensus expectations of 0.8% and rose from 0.5% to 1.2% in February (YoY). The monthly figure rose 1.2% and beat expectations of 0.7%. The core figure increased its rising pace, from 0.1% to 0.8%.

The Core CPI by BoC rose 0.7% (above 0.3% consensus and previous 0.1%), pushing for an annualized rise from 1% to 1.4%, beating consensus of 1%.