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, rose 2.4% year over year in February 2026, down from 2.7% in January.

CPI-Common in Canada averaged 2.11 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 April of 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.