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.

Inflation Rate in Canada increased to 1.90 percent in June from 1.70 percent in May of 2025. 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.

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.

Consumer Price Index CPI in Canada increased to 164.40 points in June from 164.30 points in May 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 June 2023, the Consumer Price Index had reached ***** in Canada. This represented an increase of ** 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 *** percent compared to the previous year.

Cost of food in Canada increased 2.90 percent in June 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.

Canada Consumer Price Index (CPI): Core: Factor Model: YoY data was reported at 2.300 % in Mar 2025. This records a decrease from the previous number of 2.500 % for Feb 2025. Canada Consumer Price Index (CPI): Core: Factor Model: YoY data is updated monthly, averaging 1.900 % from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 6.200 % in Nov 2022 and a record low of 0.600 % in Oct 1994. Canada Consumer Price Index (CPI): Core: Factor Model: YoY data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.I009: Core Inflation Index.

Graph and download economic data for Consumer Price Index: Services Less Housing for Canada (CANCPISXHMINMEI) from Jan 1961 to May 2018 about Canada, services, CPI, housing, price index, indexes, and price.

Canada Consumer Price Index (CPI): All Items excl Mortgage Interest Cost data was reported at 163.200 2002=100 in Mar 2025. This records an increase from the previous number of 162.600 2002=100 for Feb 2025. Canada Consumer Price Index (CPI): All Items excl Mortgage Interest Cost data is updated monthly, averaging 106.000 2002=100 from Dec 1984 (Median) to Mar 2025, with 484 observations. The data reached an all-time high of 163.200 2002=100 in Mar 2025 and a record low of 60.200 2002=100 in Dec 1984. Canada Consumer Price Index (CPI): All Items excl Mortgage Interest Cost 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.

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.

Graph and download economic data for Consumer Price Index: OECD Groups: Goods: Total for Canada (CANCPGRGO01GPQ) from Q2 1961 to Q3 2023 about Canada, CPI, price index, indexes, and price.

Canada Consumer Price Index (CPI): All Items excl Food & Energy data was reported at 153.700 2002=100 in Mar 2025. This records an increase from the previous number of 153.400 2002=100 for Feb 2025. Canada Consumer Price Index (CPI): All Items excl Food & Energy data is updated monthly, averaging 86.300 2002=100 from Jan 1961 (Median) to Mar 2025, with 771 observations. The data reached an all-time high of 153.700 2002=100 in Mar 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.I009: Core Inflation Index.

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.

Consumer Price Index (CPI) in Canada, April, 2025 The most recent value is 163.4 index points as of April 2025, a decline compared to the previous value of 163.5 index points. Historically, the average for Canada from January 1960 to April 2025 is 77.1579 index points. The minimum of 15.4 index points was recorded in March 1960, while the maximum of 163.5 index points was reached in March 2025. | TheGlobalEconomy.com

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.

Inflation, monthly percent change in the CPI in Canada, April, 2025 The most recent value is -0.06 percent as of April 2025, a decline compared to the previous value of 0.31 percent. Historically, the average for Canada from February 1960 to April 2025 is 0.3 percent. The minimum of -1.04 percent was recorded in November 2008, while the maximum of 2.63 percent was reached in February 1991. | TheGlobalEconomy.com