“We expect inflation to firm slightly to 1.5% in February vs 1.4% in January, reflecting a 0.7% increase in prices on the month,” TD Securities analysts said previewing this week’s inflation data from Canada. Key quotes “Gasoline prices lend a strong boost (+4.0% m/m), allowing for a lower drag from overall energy price deflation. We expect solid gains in food prices (+0.3% m/m) on the back of the weakening currency and stronger US prices. Such gains push food price inflation higher to 3.1% y/y.” “Core inflation measures are likely to be stable to lower. We expect unchanged BoC core metrics on average (1.9%) with risks skewed to 1.8%. For exclusion based measures, our forecast assumes a slip in CPIXFE (ex food and energy) to 1.8% from 1.9%. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ripple’s XRP Price Analysis: XRP/USD bulls are building the foundations for a run north FX Street 4 years "We expect inflation to firm slightly to 1.5% in February vs 1.4% in January, reflecting a 0.7% increase in prices on the month," TD Securities analysts said previewing this week's inflation data from Canada. Key quotes "Gasoline prices lend a strong boost (+4.0% m/m), allowing for a lower drag from overall energy price deflation. We expect solid gains in food prices (+0.3% m/m) on the back of the weakening currency and stronger US prices. Such gains push food price inflation higher to 3.1% y/y." "Core inflation measures are likely to be stable to lower. We expect unchanged BoC core metrics… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
