CANADA ECO PREVIEW: CPI, Retail Sales Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Canada’s consumer price index seen rising 1.7% y/y in April after increasing 1.6% in March (forecast range 1.3% to 1.9%).
- “Energy prices on a year-ago basis are expected to remain supported on higher gasoline prices while shelter costs should maintain their upward pull in line with the ongoing tightness in the Canadian housing market": TD Securities
- Retail sales seen rising 0.3% m/m in March after decreasing 0.6% in February (forecast range 0.1% to 1.2%); based on the value of goods sold
- ‘‘Auto dealers enjoyed a strong month and a possible rebound in used vehicle sales could provide further support": TD
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283