Canada’s annual core inflation, which strips out eight of the most volatile components including food, energy, and mortgage interest costs, fell to an 11-month low of 2.3% in February 2026 from 2.6% in January. On a monthly basis, core consumer prices rose 0.4% in February, following a 0.2% increase in January. source: Statistics Canada
Core consumer prices in Canada increased 2.30 percent in February of 2026 over the same month in the previous year. Core Inflation Rate in Canada averaged 2.26 percent from 1984 until 2026, reaching an all time high of 6.20 percent in June of 2022 and a record low of 0.00 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 April of 2026.
Core consumer prices in Canada increased 2.30 percent in February of 2026 over the same month in the previous year. Core Inflation Rate in Canada is expected to be 2.40 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 2.40 percent in 2027, according to our econometric models.