Scotiabank Says Key to Tuesday's Inflation Data in Canada Are Core Readings

BY MT Newswires | ECONOMIC | 02/17/26 08:15 AM EST

08:15 AM EST, 02/17/2026 (MT Newswires) -- Canada will update one of two consumer price index readings before the next Bank of Canada decision on March 18 at 8:30 a.m. ET on Tuesday, said Scotiabank.

January's reading is expected to be up by only 0.1% month-over-month non-seasonally adjusted and unchanged at 2.4% year over yeary, noted the bank.

Key will be the various core readings, stated Scotiabank. The bank advises monitoring each of them since they have recently offered conflicting signals. Traditional core CPI that excludes food and energy commodities has picked up and has generally been more resilient of late.

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