Inflation Rate in Canada remained unchanged at 1.70 percent in May. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Core consumer prices in Canada increased 2.50 percent in May 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.

Cost of food in Canada increased 3.40 percent in May 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.

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.

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.

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.

Historical chart and dataset showing Canada inflation rate by year from 1960 to 2024.

Inflation Rate in Mexico increased to 4.42 percent in May from 3.93 percent in April of 2025. This dataset provides - Mexico Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

About this dataset

Context

The dataset illustrates the median household income in New Canada town, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for New Canada town increased by $34,964 (76.57%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 7 years and declined for 6 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Canada town median household income. You can refer the same here

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.

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

Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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 BOS: Input Price Inflation: Increase data was reported at 32.000 % in Mar 2025. This records an increase from the previous number of 13.000 % for Dec 2024. Canada BOS: Input Price Inflation: Increase data is updated quarterly, averaging 26.000 % from Sep 1998 (Median) to Mar 2025, with 107 observations. The data reached an all-time high of 55.000 % in Mar 2011 and a record low of 9.000 % in Sep 2023. Canada BOS: Input Price Inflation: Increase data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.S003: Business Outlook Survey. Business Outlook Survey Questionnaire: Input Price Inflation - Over the next 12 months, are prices of products/services purchased expected to increase at a greater, lesser, or the same rate as over the past year? [COVID-19-IMPACT]

Unemployment Rate in Canada increased to 7 percent in May from 6.90 percent in April of 2025. This dataset provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada CA: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 1.605 % in 2023. This records a decrease from the previous number of 7.654 % for 2022. Canada CA: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 1.832 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 7.665 % in 2021 and a record low of -2.325 % in 2009. Canada CA: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

Machinery and equipment price index (MEPI) by Supply Use Product Classification (SUPC). Quarterly Data are available from the first quarter of 1997. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2016=100).

Canada BOS: Input Price Inflation: Decrease data was reported at 28.000 % in Mar 2025. This records a decrease from the previous number of 46.000 % for Dec 2024. Canada BOS: Input Price Inflation: Decrease data is updated quarterly, averaging 25.000 % from Sep 1998 (Median) to Mar 2025, with 107 observations. The data reached an all-time high of 72.000 % in Sep 2023 and a record low of 8.000 % in Mar 2021. Canada BOS: Input Price Inflation: Decrease data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.S003: Business Outlook Survey. Business Outlook Survey Questionnaire: Input Price Inflation - Over the next 12 months, are prices of products/services purchased expected to increase at a greater, lesser, or the same rate as over the past year? [COVID-19-IMPACT]