Inflation (CPI) (Canada): 2.9 % in Q2 2026, the latest available value.
308 observations from 2001-01 to 2026-08. Source: Statistics Canada.
Average annual rise in consumer prices (CPI); 2% is the common target, above it purchasing power erodes.
| Period | Value |
|---|---|
| 2026-08 | 3 % |
| 2026-07 | 3 % |
| 2026-06 | 2.8 % |
| 2026-05 | 3.2 % |
| 2026-04 | 2.8 % |
| 2026-03 | 2.4 % |
| 2026-02 | 1.8 % |
| 2026-01 | 2.3 % |
| 2025-12 | 2.4 % |
| 2025-11 | 2.2 % |
| 2025-10 | 2.2 % |
| 2025-09 | 2.4 % |
| 2025-08 | 1.9 % |
| 2025-07 | 1.7 % |
| 2025-06 | 1.9 % |
| 2025-05 | 1.7 % |
| 2025-04 | 1.7 % |
| 2025-03 | 2.3 % |
| 2025-02 | 2.6 % |
| 2025-01 | 1.9 % |
| 2024-12 | 1.8 % |
| 2024-11 | 1.9 % |
| 2024-10 | 2 % |
| 2024-09 | 1.6 % |
| 2024-08 | 2 % |
| 2024-07 | 2.5 % |
| 2024-06 | 2.7 % |
| 2024-05 | 2.9 % |
| 2024-04 | 2.7 % |
| 2024-03 | 2.9 % |
| 2024-02 | 2.8 % |
| 2024-01 | 2.9 % |
| 2023-12 | 3.4 % |
| 2023-11 | 3.1 % |
| 2023-10 | 3.1 % |
| 2023-09 | 3.8 % |
| 2023-08 | 4 % |
| 2023-07 | 3.3 % |
| 2023-06 | 2.8 % |
| 2023-05 | 3.4 % |
| 2023-04 | 4.4 % |
| 2023-03 | 4.3 % |
| 2023-02 | 5.2 % |
| 2023-01 | 5.9 % |
| 2022-12 | 6.3 % |
| 2022-11 | 6.8 % |
| 2022-10 | 6.9 % |
| 2022-09 | 6.9 % |
| 2022-08 | 7 % |
| 2022-07 | 7.6 % |
| 2022-06 | 8.1 % |
| 2022-05 | 7.7 % |
| 2022-04 | 6.8 % |
| 2022-03 | 6.7 % |
| 2022-02 | 5.7 % |
| 2022-01 | 5.1 % |
| 2021-12 | 4.8 % |
| 2021-11 | 4.7 % |
| 2021-10 | 4.7 % |
| 2021-09 | 4.4 % |
| 2021-08 | 4.1 % |
| 2021-07 | 3.7 % |
| 2021-06 | 3.1 % |
| 2021-05 | 3.6 % |
| 2021-04 | 3.4 % |
| 2021-03 | 2.2 % |
| 2021-02 | 1.1 % |
| 2021-01 | 1 % |
| 2020-12 | 0.7 % |
| 2020-11 | 1 % |
| 2020-10 | 0.7 % |
| 2020-09 | 0.5 % |
| 2020-08 | 0.1 % |
| 2020-07 | 0.1 % |
| 2020-06 | 0.7 % |
| 2020-05 | -0.4 % |
| 2020-04 | -0.2 % |
| 2020-03 | 0.9 % |
| 2020-02 | 2.2 % |
| 2020-01 | 2.4 % |
| 2019-12 | 2.2 % |
| 2019-11 | 2.2 % |
| 2019-10 | 1.9 % |
| 2019-09 | 1.9 % |
| 2019-08 | 1.9 % |
| 2019-07 | 2 % |
| 2019-06 | 2 % |
| 2019-05 | 2.4 % |
| 2019-04 | 2 % |
| 2019-03 | 1.9 % |
| 2019-02 | 1.5 % |
| 2019-01 | 1.4 % |
| 2018-12 | 2 % |
| 2018-11 | 1.7 % |
| 2018-10 | 2.4 % |
| 2018-09 | 2.2 % |
| 2018-08 | 2.8 % |
| 2018-07 | 3 % |
| 2018-06 | 2.5 % |
| 2018-05 | 2.2 % |
| 2018-04 | 2.2 % |
| 2018-03 | 2.3 % |
| 2018-02 | 2.2 % |
| 2018-01 | 1.7 % |
| 2017-12 | 1.9 % |
| 2017-11 | 2.1 % |
| 2017-10 | 1.4 % |
| 2017-09 | 1.6 % |
| 2017-08 | 1.4 % |
| 2017-07 | 1.2 % |
| 2017-06 | 1 % |
| 2017-05 | 1.3 % |
| 2017-04 | 1.6 % |
| 2017-03 | 1.6 % |
| 2017-02 | 2 % |
| 2017-01 | 2.1 % |
| 2016-12 | 1.5 % |
| 2016-11 | 1.2 % |
| 2016-10 | 1.5 % |
| 2016-09 | 1.3 % |