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.

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.

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.

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.

This table contains 13 series, with data from 1949 (not all combinations necessarily have data for all years). Data are presented for the current month and previous four months. Users can select other time periods that are of interest to them.

The consumer price index of all-items in Canada amounted to ***** points in 2024. Between 1914 and 2024, the consumer price index rose by ***** points, though the increase followed an uneven trajectory rather than a consistent upward trend.

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.

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.

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.

Cost of food in Canada increased 3.40 percent in October of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Canada Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Canada increased 2.90 percent in October of 2025 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.

Canada Consumer Price Index (CPI): Annual: All Items excl Food & Energy data was reported at 151.100 2002=100 in 2024. This records an increase from the previous number of 147.300 2002=100 for 2023. Canada Consumer Price Index (CPI): Annual: All Items excl Food & Energy data is updated yearly, averaging 85.950 2002=100 from Dec 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 151.100 2002=100 in 2024 and a record low of 17.300 2002=100 in 1961. Canada Consumer Price Index (CPI): Annual: 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.I009: Core Inflation Index.

Canada Consumer Price Index (CPI): Weights: Shelter: RA: Rent data was reported at 7.180 % in 2024. This stayed constant from the previous number of 7.180 % for 2023. Canada Consumer Price Index (CPI): Weights: Shelter: RA: Rent data is updated yearly, averaging 6.470 % from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 7.560 % in 1991 and a record low of 5.230 % in 2008. Canada Consumer Price Index (CPI): Weights: Shelter: RA: Rent data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I007: Consumer Price Index: Weights.

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

Graph and download economic data for Inflation, consumer prices for Canada (FPCPITOTLZGCAN) from 1960 to 2024 about Canada, consumer, CPI, inflation, price index, indexes, and price.

Canada Consumer Price Index (CPI): Weights: Food: Purchased from Stores (PS) data was reported at 10.720 % in 2024. This stayed constant from the previous number of 10.720 % for 2023. Canada Consumer Price Index (CPI): Weights: Food: Purchased from Stores (PS) data is updated yearly, averaging 11.740 % from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 12.910 % in 2000 and a record low of 10.720 % in 2024. Canada Consumer Price Index (CPI): Weights: Food: Purchased from Stores (PS) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I007: Consumer Price Index: Weights.

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.

Canada Consumer Price Index (CPI): Weights: British Columbia data was reported at 14.990 % in 2024. This stayed constant from the previous number of 14.990 % for 2023. Canada Consumer Price Index (CPI): Weights: British Columbia data is updated yearly, averaging 14.010 % from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 15.670 % in 2021 and a record low of 12.090 % in 1991. Canada Consumer Price Index (CPI): Weights: British Columbia data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I008: Consumer Price Index: Weights: by Province.

The consumer price index of food in Canada has generally increased since 2000. The base year 2002 equals 100 and after that year, the price index stayed over 100 and increased each year until ultimately reaching a high of ***** in July 2025.

Canada Consumer Price Index (CPI): Weights: Food: PS: Fruit, Fruit Preparations and Nuts data was reported at 1.250 % in 2024. This stayed constant from the previous number of 1.250 % for 2023. Canada Consumer Price Index (CPI): Weights: Food: PS: Fruit, Fruit Preparations and Nuts data is updated yearly, averaging 1.360 % from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 1.440 % in 2020 and a record low of 1.250 % in 2024. Canada Consumer Price Index (CPI): Weights: Food: PS: Fruit, Fruit Preparations and Nuts data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I007: Consumer Price Index: Weights.