<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>The GST/HST holiday is adding volatility to near-term inflation</label>
    <description><![CDATA[Contributions to CPI inflation, monthly data

Statistics Canada and Bank of Canada calculations, estimates and projections]]></description>
    <link>https://www.bankofcanada.ca/?p=243335</link>
</groupDetail>
<seriesDetail>
<series id="MPR_2025M01_INFL_CTG_S1">
<label>Total CPI excluding temporary GST/HST holiday (year-over-year percentage change)</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M01_INFL_CTG_S2">
<label>Total CPI (year-over-year percentage change)</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M01_INFL_CTG_S3">
<label>Goods excluding energy and food in stores</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M01_INFL_CTG_S4">
<label>Energy</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M01_INFL_CTG_S5">
<label>Food in stores</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M01_INFL_CTG_S6">
<label>Services excluding shelter</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M01_INFL_CTG_S7">
<label>Shelter services</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2023-01-01"><v s="MPR_2025M01_INFL_CTG_S2">5.90</v><v s="MPR_2025M01_INFL_CTG_S3">1.43</v><v s="MPR_2025M01_INFL_CTG_S4">0.43</v><v s="MPR_2025M01_INFL_CTG_S5">1.31</v><v s="MPR_2025M01_INFL_CTG_S6">1.03</v><v s="MPR_2025M01_INFL_CTG_S7">1.72</v></o>
<o d="2023-02-01"><v s="MPR_2025M01_INFL_CTG_S2">5.20</v><v s="MPR_2025M01_INFL_CTG_S3">1.38</v><v s="MPR_2025M01_INFL_CTG_S4">-0.03</v><v s="MPR_2025M01_INFL_CTG_S5">1.17</v><v s="MPR_2025M01_INFL_CTG_S6">1.05</v><v s="MPR_2025M01_INFL_CTG_S7">1.63</v></o>
<o d="2023-03-01"><v s="MPR_2025M01_INFL_CTG_S2">4.30</v><v s="MPR_2025M01_INFL_CTG_S3">1.17</v><v s="MPR_2025M01_INFL_CTG_S4">-0.52</v><v s="MPR_2025M01_INFL_CTG_S5">1.07</v><v s="MPR_2025M01_INFL_CTG_S6">1.10</v><v s="MPR_2025M01_INFL_CTG_S7">1.47</v></o>
<o d="2023-04-01"><v s="MPR_2025M01_INFL_CTG_S2">4.40</v><v s="MPR_2025M01_INFL_CTG_S3">1.25</v><v s="MPR_2025M01_INFL_CTG_S4">-0.31</v><v s="MPR_2025M01_INFL_CTG_S5">1.02</v><v s="MPR_2025M01_INFL_CTG_S6">1.01</v><v s="MPR_2025M01_INFL_CTG_S7">1.43</v></o>
<o d="2023-05-01"><v s="MPR_2025M01_INFL_CTG_S2">3.40</v><v s="MPR_2025M01_INFL_CTG_S3">1.02</v><v s="MPR_2025M01_INFL_CTG_S4">-0.98</v><v s="MPR_2025M01_INFL_CTG_S5">1.01</v><v s="MPR_2025M01_INFL_CTG_S6">0.91</v><v s="MPR_2025M01_INFL_CTG_S7">1.46</v></o>
<o d="2023-06-01"><v s="MPR_2025M01_INFL_CTG_S2">2.80</v><v s="MPR_2025M01_INFL_CTG_S3">0.88</v><v s="MPR_2025M01_INFL_CTG_S4">-1.19</v><v s="MPR_2025M01_INFL_CTG_S5">1.00</v><v s="MPR_2025M01_INFL_CTG_S6">0.67</v><v s="MPR_2025M01_INFL_CTG_S7">1.46</v></o>
<o d="2023-07-01"><v s="MPR_2025M01_INFL_CTG_S2">3.30</v><v s="MPR_2025M01_INFL_CTG_S3">0.77</v><v s="MPR_2025M01_INFL_CTG_S4">-0.62</v><v s="MPR_2025M01_INFL_CTG_S5">0.95</v><v s="MPR_2025M01_INFL_CTG_S6">0.68</v><v s="MPR_2025M01_INFL_CTG_S7">1.52</v></o>
<o d="2023-08-01"><v s="MPR_2025M01_INFL_CTG_S2">4.00</v><v s="MPR_2025M01_INFL_CTG_S3">0.90</v><v s="MPR_2025M01_INFL_CTG_S4">0.12</v><v s="MPR_2025M01_INFL_CTG_S5">0.78</v><v s="MPR_2025M01_INFL_CTG_S6">0.55</v><v s="MPR_2025M01_INFL_CTG_S7">1.67</v></o>
<o d="2023-09-01"><v s="MPR_2025M01_INFL_CTG_S2">3.80</v><v s="MPR_2025M01_INFL_CTG_S3">0.71</v><v s="MPR_2025M01_INFL_CTG_S4">0.37</v><v s="MPR_2025M01_INFL_CTG_S5">0.65</v><v s="MPR_2025M01_INFL_CTG_S6">0.40</v><v s="MPR_2025M01_INFL_CTG_S7">1.68</v></o>
<o d="2023-10-01"><v s="MPR_2025M01_INFL_CTG_S2">3.10</v><v s="MPR_2025M01_INFL_CTG_S3">0.52</v><v s="MPR_2025M01_INFL_CTG_S4">-0.40</v><v s="MPR_2025M01_INFL_CTG_S5">0.60</v><v s="MPR_2025M01_INFL_CTG_S6">0.55</v><v s="MPR_2025M01_INFL_CTG_S7">1.81</v></o>
<o d="2023-11-01"><v s="MPR_2025M01_INFL_CTG_S2">3.10</v><v s="MPR_2025M01_INFL_CTG_S3">0.59</v><v s="MPR_2025M01_INFL_CTG_S4">-0.42</v><v s="MPR_2025M01_INFL_CTG_S5">0.52</v><v s="MPR_2025M01_INFL_CTG_S6">0.61</v><v s="MPR_2025M01_INFL_CTG_S7">1.79</v></o>
<o d="2023-12-01"><v s="MPR_2025M01_INFL_CTG_S2">3.40</v><v s="MPR_2025M01_INFL_CTG_S3">0.66</v><v s="MPR_2025M01_INFL_CTG_S4">-0.03</v><v s="MPR_2025M01_INFL_CTG_S5">0.53</v><v s="MPR_2025M01_INFL_CTG_S6">0.41</v><v s="MPR_2025M01_INFL_CTG_S7">1.82</v></o>
<o d="2024-01-01"><v s="MPR_2025M01_INFL_CTG_S2">2.90</v><v s="MPR_2025M01_INFL_CTG_S3">0.47</v><v s="MPR_2025M01_INFL_CTG_S4">-0.17</v><v s="MPR_2025M01_INFL_CTG_S5">0.39</v><v s="MPR_2025M01_INFL_CTG_S6">0.41</v><v s="MPR_2025M01_INFL_CTG_S7">1.82</v></o>
<o d="2024-02-01"><v s="MPR_2025M01_INFL_CTG_S2">2.80</v><v s="MPR_2025M01_INFL_CTG_S3">0.26</v><v s="MPR_2025M01_INFL_CTG_S4">0.08</v><v s="MPR_2025M01_INFL_CTG_S5">0.28</v><v s="MPR_2025M01_INFL_CTG_S6">0.37</v><v s="MPR_2025M01_INFL_CTG_S7">1.83</v></o>
<o d="2024-03-01"><v s="MPR_2025M01_INFL_CTG_S2">2.90</v><v s="MPR_2025M01_INFL_CTG_S3">0.12</v><v s="MPR_2025M01_INFL_CTG_S4">0.20</v><v s="MPR_2025M01_INFL_CTG_S5">0.22</v><v s="MPR_2025M01_INFL_CTG_S6">0.52</v><v s="MPR_2025M01_INFL_CTG_S7">1.86</v></o>
<o d="2024-04-01"><v s="MPR_2025M01_INFL_CTG_S2">2.70</v><v s="MPR_2025M01_INFL_CTG_S3">0.02</v><v s="MPR_2025M01_INFL_CTG_S4">0.30</v><v s="MPR_2025M01_INFL_CTG_S5">0.15</v><v s="MPR_2025M01_INFL_CTG_S6">0.46</v><v s="MPR_2025M01_INFL_CTG_S7">1.75</v></o>
<o d="2024-05-01"><v s="MPR_2025M01_INFL_CTG_S2">2.90</v><v s="MPR_2025M01_INFL_CTG_S3">0.02</v><v s="MPR_2025M01_INFL_CTG_S4">0.26</v><v s="MPR_2025M01_INFL_CTG_S5">0.17</v><v s="MPR_2025M01_INFL_CTG_S6">0.67</v><v s="MPR_2025M01_INFL_CTG_S7">1.76</v></o>
<o d="2024-06-01"><v s="MPR_2025M01_INFL_CTG_S2">2.70</v><v s="MPR_2025M01_INFL_CTG_S3">-0.12</v><v s="MPR_2025M01_INFL_CTG_S4">0.03</v><v s="MPR_2025M01_INFL_CTG_S5">0.23</v><v s="MPR_2025M01_INFL_CTG_S6">0.79</v><v s="MPR_2025M01_INFL_CTG_S7">1.75</v></o>
<o d="2024-07-01"><v s="MPR_2025M01_INFL_CTG_S2">2.50</v><v s="MPR_2025M01_INFL_CTG_S3">-0.14</v><v s="MPR_2025M01_INFL_CTG_S4">0.03</v><v s="MPR_2025M01_INFL_CTG_S5">0.22</v><v s="MPR_2025M01_INFL_CTG_S6">0.71</v><v s="MPR_2025M01_INFL_CTG_S7">1.67</v></o>
<o d="2024-08-01"><v s="MPR_2025M01_INFL_CTG_S2">2.00</v><v s="MPR_2025M01_INFL_CTG_S3">-0.24</v><v s="MPR_2025M01_INFL_CTG_S4">-0.32</v><v s="MPR_2025M01_INFL_CTG_S5">0.27</v><v s="MPR_2025M01_INFL_CTG_S6">0.62</v><v s="MPR_2025M01_INFL_CTG_S7">1.65</v></o>
<o d="2024-09-01"><v s="MPR_2025M01_INFL_CTG_S2">1.60</v><v s="MPR_2025M01_INFL_CTG_S3">-0.16</v><v s="MPR_2025M01_INFL_CTG_S4">-0.60</v><v s="MPR_2025M01_INFL_CTG_S5">0.25</v><v s="MPR_2025M01_INFL_CTG_S6">0.62</v><v s="MPR_2025M01_INFL_CTG_S7">1.51</v></o>
<o d="2024-10-01"><v s="MPR_2025M01_INFL_CTG_S2">2.00</v><v s="MPR_2025M01_INFL_CTG_S3">0.01</v><v s="MPR_2025M01_INFL_CTG_S4">-0.24</v><v s="MPR_2025M01_INFL_CTG_S5">0.31</v><v s="MPR_2025M01_INFL_CTG_S6">0.49</v><v s="MPR_2025M01_INFL_CTG_S7">1.44</v></o>
<o d="2024-11-01"><v s="MPR_2025M01_INFL_CTG_S2">1.90</v><v s="MPR_2025M01_INFL_CTG_S3">-0.16</v><v s="MPR_2025M01_INFL_CTG_S4">-0.09</v><v s="MPR_2025M01_INFL_CTG_S5">0.29</v><v s="MPR_2025M01_INFL_CTG_S6">0.47</v><v s="MPR_2025M01_INFL_CTG_S7">1.39</v></o>
<o d="2024-12-01"><v s="MPR_2025M01_INFL_CTG_S2">1.80</v><v s="MPR_2025M01_INFL_CTG_S1">2.30</v><v s="MPR_2025M01_INFL_CTG_S3">-0.34</v><v s="MPR_2025M01_INFL_CTG_S4">0.07</v><v s="MPR_2025M01_INFL_CTG_S5">0.20</v><v s="MPR_2025M01_INFL_CTG_S6">0.52</v><v s="MPR_2025M01_INFL_CTG_S7">1.34</v></o>
<o d="2025-01-01"><v s="MPR_2025M01_INFL_CTG_S2">1.70</v><v s="MPR_2025M01_INFL_CTG_S1">2.50</v><v s="MPR_2025M01_INFL_CTG_S3">-0.34</v><v s="MPR_2025M01_INFL_CTG_S4">0.33</v><v s="MPR_2025M01_INFL_CTG_S5">0.18</v><v s="MPR_2025M01_INFL_CTG_S6">0.25</v><v s="MPR_2025M01_INFL_CTG_S7">1.29</v></o>
<o d="2025-02-01"><v s="MPR_2025M01_INFL_CTG_S2">2.10</v><v s="MPR_2025M01_INFL_CTG_S1">2.50</v><v s="MPR_2025M01_INFL_CTG_S3">-0.09</v><v s="MPR_2025M01_INFL_CTG_S4">0.04</v><v s="MPR_2025M01_INFL_CTG_S5">0.29</v><v s="MPR_2025M01_INFL_CTG_S6">0.57</v><v s="MPR_2025M01_INFL_CTG_S7">1.29</v></o>
<o d="2025-03-01"><v s="MPR_2025M01_INFL_CTG_S2">2.40</v><v s="MPR_2025M01_INFL_CTG_S1">2.40</v><v s="MPR_2025M01_INFL_CTG_S3">0.05</v><v s="MPR_2025M01_INFL_CTG_S4">-0.03</v><v s="MPR_2025M01_INFL_CTG_S5">0.38</v><v s="MPR_2025M01_INFL_CTG_S6">0.77</v><v s="MPR_2025M01_INFL_CTG_S7">1.23</v></o>
</observations>
</data>