Inflation Rate in Canada increased to 2.40 percent in March from 1.80 percent in February of 2026. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly indexes and percentage changes for major components and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.

Consumer Price Index CPI in Canada increased to 167.40 points in March from 165.90 points in February of 2026. This dataset provides the latest reported value for - Canada Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Canada Consumer Price Index (CPI): All Items excl Food & Energy data was reported at 156.400 2002=100 in Feb 2026. This records an increase from the previous number of 155.600 2002=100 for Jan 2026. Canada Consumer Price Index (CPI): All Items excl Food & Energy data is updated monthly, averaging 86.700 2002=100 from Jan 1961 (Median) to Feb 2026, with 782 observations. The data reached an all-time high of 156.500 2002=100 in Oct 2025 and a record low of 17.200 2002=100 in Aug 1961. Canada Consumer Price Index (CPI): All Items excl Food & Energy data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I: Core Inflation Index.

Core consumer prices in Canada increased 2.50 percent in March of 2026 over the same month in the previous year. This dataset provides - Canada Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly indexes for major components and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the current month and previous four months. The base year for the index is 2002=100.

Key information about Canada Consumer Price Index CPI growth

• Canada Consumer Price Index (CPI) growth was measured at 2.2 % YoY in Oct 2025, compared with a rate of 2.3 % in the previous month.
• Canada Consumer Price Index growth data is updated monthly, available from Jan 1993 to Oct 2025, with an averaged number of 0.1 % YoY.
• The data reached an all-time high of 8.2 % YoY in Jun 2022 and a record low of -1.0 % YoY in Jul 2009.

Canada's inflation rate experienced significant fluctuations from 2018 to 2026. Inflation peaked at *** percent in June 2022 before steadily declining to *** percent by March 2026. In March 2026, inflation increased to *** percent. In early 2025, inflation began to increase again, rising to *** percent in February and dropping to *** percent in March. In April 2025, inflation decreased to *** percent. In response to rising inflation between 2020 and 2022, the Bank of Canada implemented aggressive interest rate hikes. The bank rate reached a maximum of **** percent in July 2023 and remained stable until June 2024. As inflationary pressures eased in the second half of 2024, the central bank reduced interest rates to *** percent in December 2024. In 2025, the bank rate witnessed further cuts, standing at ***** percent in March 2025 and **** percent in October 2025. By March 2026, inflation was recorded at *** percent, with the bank rate at *** percent. This pattern reflected broader global economic trends, with most advanced and emerging economies experiencing similar inflationary challenges and monetary policy adjustments. Global context of inflation and interest rates The Canadian experience aligns with the broader international trend of central banks raising policy rates to combat inflation. Between 2021 and 2023, nearly all advanced and emerging economies increased their central bank rates. However, a shift occurred in the latter half of 2024, with many countries, including Canada, beginning to lower rates. This change suggests a new phase in the global economic cycle and monetary policy approach. Notably, among surveyed countries, Russia maintained the highest interest rate in early 2025, while Japan had the lowest rate. Comparison with the United States The United States experienced a similar trajectory in inflation and interest rates. U.S. inflation peaked at *** percent in June 2022, slightly higher than Canada's peak. The Federal Reserve responded with a series of rate hikes, reaching **** percent in August 2023. This rate remained unchanged until September 2024, when the first cut since September 2021 was implemented. In contrast, Canada's bank rate peaked at **** percent and began decreasing earlier, with cuts in June and July 2024. These differences highlight the nuanced approaches of central banks in managing their respective economies amid global inflationary pressures.

Canada Consumer Price Index (CPI): Shelter: Owned Accommodation (OA) data was reported at 195.800 2002=100 in Mar 2026. This records an increase from the previous number of 195.700 2002=100 for Feb 2026. Canada Consumer Price Index (CPI): Shelter: Owned Accommodation (OA) data is updated monthly, averaging 74.100 2002=100 from Jan 1949 (Median) to Mar 2026, with 927 observations. The data reached an all-time high of 196.700 2002=100 in Oct 2025 and a record low of 8.100 2002=100 in Dec 1949. Canada Consumer Price Index (CPI): Shelter: Owned Accommodation (OA) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I: Consumer Price Index: 2002=100.

CPI: HF: HO: Communications: Postal & Other Services data was reported at 269.000 2002=100 in Feb 2026. This records an increase from the previous number of 268.600 2002=100 for Jan 2026. CPI: HF: HO: Communications: Postal & Other Services data is updated monthly, averaging 59.500 2002=100 from Jan 1949 (Median) to Feb 2026, with 926 observations. The data reached an all-time high of 269.400 2002=100 in Oct 2025 and a record low of 6.000 2002=100 in Mar 1954. CPI: HF: HO: Communications: Postal & Other Services data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I: Consumer Price Index: 2002=100.

CPI: Food: PS: Meat: PM: Others data was reported at 212.400 2002=100 in Feb 2026. This records a decrease from the previous number of 214.100 2002=100 for Jan 2026. CPI: Food: PS: Meat: PM: Others data is updated monthly, averaging 105.900 2002=100 from Jan 1985 (Median) to Feb 2026, with 494 observations. The data reached an all-time high of 218.400 2002=100 in Oct 2025 and a record low of 62.300 2002=100 in Sep 1985. CPI: Food: PS: Meat: PM: Others data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I: Consumer Price Index: 2002=100.

Canada Consumer Price Index (CPI): Food: PS: Meat: Processed Meat (PM) data was reported at 203.500 2002=100 in Feb 2026. This records a decrease from the previous number of 205.500 2002=100 for Jan 2026. Canada Consumer Price Index (CPI): Food: PS: Meat: Processed Meat (PM) data is updated monthly, averaging 105.800 2002=100 from Jan 1985 (Median) to Feb 2026, with 494 observations. The data reached an all-time high of 209.100 2002=100 in Oct 2025 and a record low of 60.500 2002=100 in May 1985. Canada Consumer Price Index (CPI): Food: PS: Meat: Processed Meat (PM) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I: Consumer Price Index: 2002=100.

View monthly updates and historical trends for Canada Inflation Rate. Source: Statistics Canada. Track economic data with YCharts analytics.

The Consumer Price Index measures changes in the cost of selected food items over time like: * food purchased from stores * fresh or frozen beef * fresh or frozen pork * fresh or frozen chicken * dairy products and eggs * bakery products * fresh fruit * fresh vegetables * food purchased from restaurants

加拿大的居民消费价格指数（CPI）增长在10-01-2025达2.2%，相较于09-01-2025的2.3%有所下降。加拿大居民消费价格指数（CPI）增长数据按月更新，01-01-1993至10-01-2025期间平均值为0.1%，共394份观测结果。该数据的历史最高值出现于06-01-2022，达8.2%，而历史最低值则出现于07-01-2009，为-1.0%。CEIC提供的加拿大居民消费价格指数（CPI）增长数据处于定期更新的状态，数据来源于CEIC Data，数据归类于世界趋势数据库的全球经济数据 – 表：居民消费价格指数：同比增长：月度：季节性调整后。

Monthly average retail prices for selected products, for Canada, provinces, Whitehorse and Yellowknife. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.