By the end of April 2023, the Consumer Price Index (CPI) of Canada had increased by *** percent from the the same month of the previous year. The Consumer Price Index is used to assess price changes associated with the average cost of living. The data is not seasonally adjusted.

Annual indexes for major components and special aggregates of the Consumer Price Index (CPI), for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the last five years. The base year for the index is 2002=100.

The statistic shows the average inflation rate in Canada from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year. Inflation in Canada In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate. The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.

Monthly indexes and percentage changes for all 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.

Inflation Rate in Canada decreased to 2.20 percent in October from 2.40 percent in September of 2025. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This Alberta Official Statistic compares the Consumer Price Index year-over-year for Canada and Alberta. The graph shows the CPI for all items as well as for 9 individual sectors such as Food, Shelter, Energy, etc.

Consumer Price Index CPI in Canada increased to 165.30 points in October from 164.90 points in September of 2025. 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.

From January 2022 to January 2025, the consumer price index (CPI) of food purchased from the store generally increased monthly in every province. In Prince Edward Island, the CPI reached ***** by January 2025, making it the highest CPI in Canada in that month.

Historical (real-time) releases of the measures of core inflation, with data from 1989 (not all combinations necessarily have data for all years). Data are presented for the current release and previous four releases. Users can select other releases that are of interest to them.

By August 2025, the Consumer Price Index had reached ***** in Canada. This represented an increase of 27.4 points compared to August 2020.The Consumer Price Index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services.In 2024, the average inflation rate in Canada was approximately 2.4 percent compared to the previous year.

View monthly updates and historical trends for Canada Consumer Price Index YoY. Source: Statistics Canada. Track economic data with YCharts analytics.

Consumer Price Index, monthly, not seasonally adjusted (1 2 3) Frequency: Monthly Table: 18-10-0004-01 (formerly CANSIM 326-0020) Release date: 2022-09-20 Geography: Canada, Province or territory, Census subdivision, Census metropolitan area, Census metropolitan area part

Footnotes: 1. The Consumer Price Index (CPI) is not a cost-of-living index. The objective behind a cost-of-living index is to measure changes in expenditures necessary for consumers to maintain a constant standard of living. The idea is that consumers would normally switch between products as the price relationship of goods changes. If, for example, consumers get the same satisfaction from drinking tea as they do from coffee, then it is possible to substitute tea for coffee if the price of tea falls relative to the price of coffee. The cheaper of the interchangeable products may be chosen. We could compute a cost-of-living index for an individual if we had complete information about that person's taste and spending habits. To do this for a large number of people, let alone the total population of Canada, is impossible. For this reason, regularly published price indexes are based on the fixed-basket concept rather than the cost-of-living concept. 2. This table replaces table 18-10-0008-01 which was archived with the release of April 2007 data. 3. From April 2020 to November 2021, and from January 2022 to February 2022, certain sub-indexes and components thereof were imputed using special approaches in either one, or more months. The affected indexes include child care services; housekeeping services; air transportation; personal care services; recreational services; travel tours; spectator entertainment; use of recreational facilities and services; beer served in licensed establishments; wine served in licensed establishments, and liquor served in licensed establishments. The details of these treatments from April 2020 to March 2021 are provided in technical supplements available through the Prices Analytical Series. Starting in April 2021 4. The goods and services that make up the Consumer Price Index (CPI) are organized according to a hierarchical structure with the all-items CPI" as the top level. Eight major components of goods and services make up the "all-items CPI". They are: "food” 5. Food includes non-alcoholic beverages. 6. Part of the increase first recorded in the shelter index for Yellowknife for December 2004 inadvertently reflected rent increases that actually occurred earlier. As a result, the change in the shelter index was overstated in December 2004, and was understated in the previous two years. The shelter index series for Yellowknife has been corrected from December 2002. In addition, the Yellowknife All-items Consumer Price Index (CPI) and some Yellowknife special aggregate index series have also changed. Data for Canada and all other provinces and territories were not affected. 7. The special aggregate energy" includes: "electricity” 8. Goods are physical or tangible commodities usually classified according to their life span into non-durable goods, semi-durable goods and durable goods. Non-durable goods are those goods that can be used up entirely in less than a year, assuming normal usage. For example, fresh food products, disposable cameras and gasoline are non-durable goods. Semi-durable goods are those goods that may last less than 12 months or greater than 12 months depending on the purpose to which they are put. For example, clothing, footwear and household textiles are semi-durable goods. Durable goods are those goods which may be used repeatedly or continuously over more than a year, assuming normal usage. For example, cars, audio and video equipment and furniture are durable goods. 9. A service in the Consumer Price Index (CPI) is characterized by valuable work performed by an individual or organization on behalf of a consumer, for example, car tune-ups, haircuts and city public transportation. Transactions classified as a service may include the cost of goods by their nature. Examples include food in restaurant food services and materials in clothing repair services.

How to cite: Statistics Canada Table 18-10-0004-01 Consumer Price Index, monthly, not seasonally adjusted https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1810000401

By June 2023, the Consumer Price Index had reached 164.4 in the province of Alberta in Canada. This represented an increase of more than 19 points compared to June 2020. The Consumer Price Index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year.

Monthly indexes and percentage changes for selected sub-groups of the shelter component of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. 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.

The 'Inflation Rate YoY' in Canada measures the percentage change in the price level of a basket of goods and services over a year, reflecting the cost of living and purchasing power.-2025-08-19

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

Major wage settlements, including number of agreements, number of employees, average duration of agreements, first year average percentage wage adjustment, and annual average percentage wage adjustment, by jurisdiction, industry, sector, and cost of living adjustment (COLA), monthly, from 1977 to 2020.

Canada's inflation rate experienced significant fluctuations from 2018 to 2025. Inflation peaked at *** percent in June 2022 before steadily declining to *** percent by December 2024. 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 September 2025. 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.

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

The ACCRA Cost of Living Index (COLI) is a measure of living cost differences among urban areas compiled by the Council for Community and Economic Research. Conducted quarterly, the index compares the price of goods and services among approximately 300 communities in the United States and Canada. This Microsoft Excel file contains the average prices of goods and services published in the ACCRA Cost of Living Index since 1990.