Core consumer prices in Canada increased 2.30 percent in April of 2021 over the same month in the previous year. It is the highest reading since July of 2017. source: Statistics Canada
Core Inflation Rate in Canada averaged 2.11 percent from 1984 until 2021, 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 June of 2021.
Core Inflation Rate in Canada is expected to be 2.30 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 3.00 in 12 months time. In the long-term, the Canada Core Inflation Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.