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Core Inflation Rate MoM
The Core Inflation Rate MoM in Canada measures the monthly change in the price of goods and services, excluding volatile items such as food and energy. It is a key indicator of underlying inflation trends and is closely monitored by the Bank of Canada to guide monetary policy decisions. This metric is significant because it helps assess the inflationary pressures in the economy, influencing interest rate decisions and impacting financial markets. A higher-than-expected core inflation rate can lead to increased interest rates, affecting borrowing costs and investment decisions.Next Event
Aug 19, 2025
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0.4%
0.1%
Historical Data
Jul 15, 2025
0.1%
―
Jun 24, 2025
0.6%
―
May 20, 2025
0.5%
0.2%
Apr 15, 2025
0.1%
―
Mar 18, 2025
0.7%
―
Feb 18, 2025
0.4%
―
Jan 21, 2025
-0.3%
―
Dec 17, 2024
-0.1%
―
Nov 19, 2024
0.4%
―
Oct 15, 2024
―
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Rows:
Historical Chart
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Importance
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CurrencyCAD
Commodities
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Currencies
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Other Indicators
+4.33%
+4.50%
+7.50%
+4.29%
+4.20%
+0.66%