Core consumer prices in Canada increased 0.80 percent in August of 2020 over the same month in the previous year.
Core Inflation Rate in Canada averaged 2.13 percent from 1984 until 2020, reaching an all time high of 5.40 percent in January of 1987 and a record low of 0 percent in June of 1984. This page provides - Canada Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics Canada
Core Inflation Rate in Canada is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Canada to stand at 1.50 in 12 months time. In the long-term, the Canada Core Inflation Rate is projected to trend around 2.00 percent in 2021, according to our econometric models.