Canada Consumer Price Index - Core (MoM): 0% (April) vs previous 0.6%

The official data released in the US on Friday showed the inflation as measured by the consumer price index (CPI) fell 0.2% year-on-year, beating the estimate of a 0.1% fall. CPI had declined 0.1% in March. Month-on-Month, the CPI rose 0.1% as expected.