Canada’s CPI-common, a core inflation measure that tracks common price movements across categories in the CPI basket while stripping out the impact of indirect tax changes, edged up 2.7% year-on-year in July 2026, up from 2.6% in June.

CPI-Common in Canada averaged 2.12 Percent from 1995 until 2026, reaching an all time high of 6.10 Percent in November of 2022 and a record low of 1.00 Percent in September of 2010. This page includes a chart with historical data for Canada CPI-common. Canada CPI Common YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Related	Last	Previous	Unit	Reference
CPI Health and Personal Care	158.60	158.60	points	Jul 2026
CPI Recreation, Education and Reading	136.00	134.50	points	Jul 2026
Goods Inflation	3.70	3.50	points	Jul 2026

Canada CPI Common YoY

The CPI Common is a measure of core inflation in Canada, along with the CPI Median and the CPI Trimmed-Mean, that aims to gauge underlying inflation in the Canadian economy. The index tracks common changes across categories in the CPI basket. It uses a factor model to detect common variations, which helps filter out price movements that might be caused by factors specific to certain components.