Core consumer prices in Canada increased 3.80 percent in October of 2021 over the same month in the previous year. source: Statistics Canada

Core Inflation Rate in Canada averaged 2.13 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 December of 2021.

Core Inflation Rate in Canada is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Core Inflation Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Canada Core Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-20 12:30 PM Sep 3.7% 3.5% 3.6%
2021-11-17 01:30 PM Oct 3.8% 3.7% 3.8%
2021-12-15 01:30 PM Nov 3.8%


Related Last Previous Unit Reference
Inflation Rate 4.70 4.40 percent Oct/21
Inflation Rate Mom 0.70 0.20 percent Oct/21
Consumer Price Index CPI 143.90 142.90 points Oct/21
Core Inflation Rate 3.80 3.70 percent Oct/21
Core Consumer Prices 141.50 140.70 points Oct/21
GDP Deflator 119.60 118.70 points Sep/21
Producer Prices 117.70 116.20 points Oct/21
Producer Prices Change 16.70 15.30 percent Oct/21
Export Prices 129.70 127.40 points Sep/21
Import Prices 132.20 130.00 points Sep/21
Food Inflation 3.80 3.90 percent Oct/21
Wholesale Prices 133.30 127.20 points Oct/21
CPI Transportation 155.40 153.20 points Oct/21
CPI Housing Utilities 155.40 154.40 points Oct/21
Canada Core Inflation Rate
In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.