Canada Printed 3.0% and −0.1%. One Vendor Had the Year, the Other Had the Month.
Yesterday this desk published a 40-basis-point consensus gap on Canadian CPI and argued that one vendor's 2.0% was the Bank of Canada median core sitting in the headline field.
The print settles it twice over: the headline held at 3.0% year on year, the month fell 0.1%, and CPI-median came in at exactly 2.0%. FXStreet had the year and missed the month by 40bp. InvestingLive had the month exactly and missed the year by a point. And the adjusted-versus-unadjusted hypothesis we published does not survive.