Core CPI m/m comes in at 0.2% against 0% consensus
| Pair | Now | Since publish |
|---|---|---|
| USDCAD | — | — |
Core CPI m/m for Canada was released today, August 17, 2026, at 0.2%. This figure came in above the consensus expectation of 0%. The previous month’s reading was 0.1%.
Following the release, the Canadian dollar showed a mixed reaction against major currencies over the first 15 minutes. AUDCAD moved -4.7 pips, CADCHF moved +0.6 pips, and CADJPY moved +4.2 pips. EURCAD saw a move of -2.1 pips, while GBPCAD moved -3.2 pips. NZDCAD moved -2.7 pips, and USDCAD moved -4.7 pips. These initial moves are relatively small when compared to the typical median 1-hour moves observed after past Core CPI m/m releases. For instance, AUDCAD typically sees a median 1-hour move of 13 pips, CADCHF 10 pips, CADJPY 16 pips, EURCAD 23 pips, GBPCAD 24 pips, NZDCAD 13 pips, and USDCAD 15 pips.