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Canada To Release New CPI Weights on Tuesday, Notes Scotiabank

BY MT Newswires | ECONOMIC | 06/17/25 08:17 AM EDT

08:17 AM EDT, 06/17/2025 (MT Newswires) -- Statistics Canada will refresh the consumer price index basket weights at 8:30 a.m. ET Tuesday, for inclusion in next week's May CPI report, noted Scotiabank.

It's the annual process, this time updating to the composition of spending in 2023 instead of 2022, said the bank. Lower weights are likely on furniture, household appliances and vehicles.

Higher weights are likely on shelter via mortgage interest and rent, partly offset by replacement cost, air transportation, travel tours, other cultural and rec services, and personal care services.

Usually, there is a small to negligible effect on CPI at the link month, added Scotiabank.

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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