Canada April CPI Year-on-Year

Statistics Canada announced the Canada April CPI Year-on-Year on 2025-05-20. The reported figure stands at 1.7%, against a forecast of 1.6%, with the prior figure recorded as 2.30%.

Regarding the Canada April CPI Year-on-Year, Actual value > Forecast value = Bullish for the Canadian Dollar, The Consumer Price Index (CPI) is an indicator that measures the changes in the prices of consumer goods and services. The CPI measures price changes from the perspective of consumers. It is an important method for measuring changes in purchasing trends and inflation in Canada. If the index is higher than expected, it should be considered that the Canadian dollar is strong/bullish (usually, the way to counter inflation is to raise interest rates, which can attract foreign investment), whereas if the index is lower than expected, it should be considered that the Canadian dollar is weak/bearish.

This data holds an importance level of , calculated using Announce the changes in consumer goods prices, and publish monthly and annual rate data, and updates Every month.

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