XML or CSV for "Tabular Data"

I have "Tabular Data" to be sent from server to client --- I am analyzing should I be going for CSV kind of formate or XML. The data which I send can be in MB's, server will be streaming it and client will read it line by line to start paring the output as it gets (client can't wait for all data to come). As per my present thought CSV would be good --- it will reduce the data size and can be parsed faster. XML is a standard -- I am concerned with parsing data as it comes to system(live parsing) and data size. What would be the best solution? thanks for all valuable suggestions.
CSV can be read line after line (client wants to parse it as it comes). XML will have to wait for the ending tag. If you own both server and client, you can use CSV.

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