The CPI Trimmed-mean in Canada, which is a measure of core inflation, decreased to 2.0% in April 2026 from 2.2% in the previous month, missing market expectations of 2.1%. CPI Trimmed-Mean in Canada averaged 2.10 Percent from 1990 until 2026, reaching an all time high of 5.70 Percent in June of 2022 and a record low of 0.80 Percent in November of 1997.
CPI Trimmed-Mean 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 CPI Trimmed-mean YoY is projected to trend around 2.30 Percent in 2027 and 2.40 Percent in 2028, according to our econometric models.