The following table provides key Canadian market data and economic statistics as of October 17, 2022
On April 20, the widely anticipated CPI data was released for March and saw a 6.7% year over year increase. A large portfolio of this increase was attributable to food and energy. However CPI ex food and energy still increased by 4.6% year over year. Please see our monthly inflation monitor for more details. Inflation Monitor
Canadian GDP grew by 5.6% based on preliminary data released April 29. Real GDP rose 1.1% in February posting the largest monthly gain since March 2021. Markets are now fully pricing in a 50 bps rates increase by the BoC in June.
After a wild week in markets and a 2% rebound in TSX and S&P500 on Friday, the indices finished the week off down 2-3%.