Scotiabank Previews Monday's CPI Data in Canada

BY MT Newswires | ECONOMIC | 12/15/25 08:00 AM EST

08:00 AM EST, 12/15/2025 (MT Newswires) -- Canada will release one of two consumer price index readings ahead of the next Bank of Canada meeting on Jan. 28 on Monday at 8:30 a.m. ET, Bank of Montreal (BMO) said.

While the data could move markets, Scotiabank said it does not expect any major policy implications, with the BoC signaling a prolonged pause and a more forward-looking stance.

The November reading out on Monday is expected to post a soft headline gain of 0.1%-0.2% month-over-month seasonally unadjusted, which would leave the year-over-year rate around 2.25%, stated the bank.

Key will be the core measures, added Scotiabank. They're not exactly "cool" as in month-over-month terms and seasonally adjusted at annual rates.

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