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Economic Calendar Terms

CPI BoC Core M/M

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The consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period.

All items excluding the eight most volatile components (fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, inter-city transportation and tobacco products) as well as the effect of changes in indirect taxes on the remaining components.