Canada Median CPI y/y

Median Consumer Price Index y/y reflects changes in prices corresponding to the 50th percentile (in CPI basket weights) of distribution of changes in prices for 55 CPI components. The change as compared to the same month of the previous year is calculated. The index evaluates a basket of goods and services, which account for a larger share of household expenditures. Median Common CPI serves as a measure of consumer sentiment and national inflation. Median CPI growth can be seen as positive for the Canadian dollar quotes.