At 14:30 (GMT+2), February data on the consumer price index in Canada will be released. It is the main indicator of inflation in the country and determines the change in retail prices for a certain “basket” of goods and services (food, transport, utilities, healthcare, etc.), and also has a significant impact on the decisions of the authorities on monetary policy. The index is expected to fall from 5.9% to 5.4% YoY and increase from 0.5% to 0.6% MoM.
