Canada CPI, retail sales rise in April
Canada’s consumer prices and retail sales rose in the month of April, according to data released on Friday.
The consumer price index (CPI) rose 0.4 percent last month from a 0.2 percent increase in March, missing forecasts of 0.5 percent soar.
Core CPI stalled from the prior of 0.3 percent rise.
Retail sales edged up 0.7 percent last month, following a 0.4 percent advance in March, compared to forecasts of 0.4 percent soar, where the core reading dipped 0.2 percent.
of 12:45 GMT, the Loonie (Canadian dollar) strengthened against its U.S. counterpart
to trade around 1.3580.