Energy prices in Canada declined 10.9% year-on-year in January 2026, the biggest fall in eight months, following an 8.8% drop in December. Energy Inflation in Canada averaged 4.86 percent from 1962 until 2026, reaching an all time high of 38.80 percent in June of 2022 and a record low of -23.70 percent in April of 2020. source: Statistics Canada



Related Last Previous Unit Reference
Consumer Price Index CPI 165.00 165.00 points Jan 2026
Core Consumer Prices 160.60 160.20 points Jan 2026
Core Inflation Rate YoY 2.60 2.80 percent Jan 2026
Core Inflation Rate MoM 0.20 -0.40 percent Jan 2026
CPI Housing Utilities 189.60 189.70 points Jan 2026
CPI Median YoY 2.50 2.60 Percent Jan 2026
CPI Transportation 170.20 172.60 points Jan 2026
CPI Trimmed-Mean YoY 2.40 2.70 Percent Jan 2026
Food Inflation 7.30 6.20 percent Jan 2026
Inflation Rate YoY 2.30 2.40 percent Jan 2026
Inflation Rate MoM 0.00 -0.20 percent Jan 2026


Canada Energy Inflation
In Canada, the special aggregate energy includes electricity; natural gas; fuel oil and other fuels; gasoline; and fuel, parts and accessories for recreational vehicles.
Actual Previous Highest Lowest Dates Unit Frequency
-10.90 -8.80 38.80 -23.70 1962 - 2026 percent Monthly
NSA