The core CPI inflation rate in Canada decreased to 5.8 percent in August 2022, down from 6.1 percent in July, but remaining close to an all-time high of 6.2 percent hit in June. source: Statistics Canada
Core Inflation Rate in Canada averaged 2.20 percent from 1984 until 2022, reaching an all time high of 6.20 percent in June of 2022 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 2022.
Core Inflation Rate in Canada is expected to be 5.70 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 2023, according to our econometric models.