Forex

Canadian CPI on Tap as Housing Starts Decline

Guavy AI Editorial Team Published August 17, 2026

Instruments

CAD

The Canadian Consumer Price Index (CPI) is set to be released this week, following a 2.8% year-over-year increase in June.

This comes on the heels of a 3.2% gain in May, and a 0.1% decline on a seasonally adjusted monthly basis in June.

In other economic news, Canada's housing starts declined 6% from the previous month to a seasonally adjusted annual rate of 239,000 units in June, falling short of market expectations of 258,000 units.

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