Perkiraan dari empat bank besar, inflasi dapat kembali berada dalam kisaran target BoC
Statistics Canada will release November Consumer Price Index (CPI) data on Tuesday, December 19 at 13:30 and as we get closer to the release time, here are the forecasts by the economists and researchers of four major banks regarding the upcoming Canadian inflation data. Headline is expected at 2.9% year-on-year vs. 3.1% in October. Core trim is expected to fall two ticks to 3.3% YoY and core median is expected at 3.3% YoY vs. the prior release of 3.6%. If so, headline would be the lowest since March 2021, falling back within the Bank of Canadas 1%-3% target range for inflation. TDS We look for headline CPI to edge lower to 3.0% YoY in November as softer energy prices and a headwind from seasonal factors hold prices unchanged on the month. Shelter prices will remain the key driver behind a 0.25% (SA) increase for the ex. food/energy (xFE) aggregate, along with a modest rebound in core goods. We also look for further easing across the BoCs preferred measures of core inflation with CPI-trim/median forecast to slow to 3.40% YoY, with an even larger deceleration on a 3m annualized basis to 2.3%. However, we do not believe the BoC will read too deeply into
