Core consumer prices in Canada increased 0.6% month-over-month in May 2026, the most in six months, following a 0.2% rise in April. Core Inflation Rate MoM in Canada averaged 0.19 percent from 1984 until 2026, reaching an all time high of 1.00 percent in March of 2022 and a record low of -0.60 percent in June of 2011. source: Statistics Canada
Core Inflation Rate MoM in Canada is expected to be 0.10 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 MoM is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.