Consumer Price Index measures the pricing levels of goods and services and is published on a monthly basis. Inflation happens when prices rise, whereas purchasing value falls, put simpler when too much money is chasing too few products. Historically, this figure hit an all-time low of -17.8% in June 1921 and an all-time high of 21.6% in June 1921. Higher figures than expected is taken as bullish for the CAD while a lower than expected should be taken as bearish for CAD.
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