The BMO Capital Markets analysts are out with their afterthoughts on the surprise jump in the Canadian inflation, highlighting the unexpected change. Key Quotes: “After being stable and mild — bizarrely mild — for years, the rent component of the Canadian CPI is suddenly blasting higher. A change in StatsCan’s methodology (i.e., moving somewhat closer to reality) has led to a sudden acceleration. After averaging just 1.2% annualized gains over the past 15 years, rents have jumped 2.7% y/y. That’s the biggest rise in this component since 1992, and we’re likely headed much higher, since the six-month trend is 4%.” 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 Bitcoin Cash market update: BCH/USD ends consolidation phase amid looming declines FX Street 4 years The BMO Capital Markets analysts are out with their afterthoughts on the surprise jump in the Canadian inflation, highlighting the unexpected change. Key Quotes: "After being stable and mild -- bizarrely mild -- for years, the rent component of the Canadian CPI is suddenly blasting higher. A change in StatsCan's methodology (i.e., moving somewhat closer to reality) has led to a sudden acceleration. After averaging just 1.2% annualized gains over the past 15 years, rents have jumped 2.7% y/y. That's the biggest rise in this component since 1992, and we're likely headed much higher, since the six-month trend is 4%." 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.
