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Inflation Rate MoM
The 'Inflation Rate MoM' in Canada measures the percentage change in the Consumer Price Index (CPI) from one month to the next, reflecting short-term inflation trends. It is crucial for the economy and financial markets as it influences monetary policy decisions by the Bank of Canada, affecting interest rates and currency valuation. A higher-than-expected MoM inflation rate can lead to tighter monetary policy, potentially impacting borrowing costs and consumer spending. In Canada, this indicator is closely monitored to gauge economic health and guide policy adjustments to maintain price stability.Next Event
Aug 19, 2025
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0.3%
0.1%
Historical Data
Jul 15, 2025
0.1%
0.1%
Jun 24, 2025
0.6%
0.5%
May 20, 2025
-0.1%
-0.2%
Apr 15, 2025
0.3%
0.6%
Mar 18, 2025
1.1%
0.6%
Feb 18, 2025
0.1%
0.1%
Jan 21, 2025
-0.4%
-0.4%
Dec 17, 2024
―
0.1%
Nov 19, 2024
0.4%
0.3%
Oct 15, 2024
-0.4%
-0.2%
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%