Canada Food Inflation  Forecast


Food Inflation in Canada is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Canada to stand at 1.10 in 12 months time. In the long-term, the Canada Food Inflation is projected to trend around 3.40 percent in 2020, according to our econometric models.


Canada Food Inflation
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Canada Prices Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 1.4 1.6 1.8 1.7 1.7 2.4
Inflation Rate Mom 0.1 0.2 0.1 0.1 0.1 0.2
Consumer Price Index CPI 130 131 132 133 133 149
Core Consumer Prices 130 130 131 131 132 142
Core Inflation Rate 0.9 1.1 1.2 1.3 1.3 2.2
GDP Deflator 115 115 115 115 116 119
Producer Prices 112 115 115 116 116 120
Producer Prices Change 1.3 4.3 2.2 1.9 2 2.1
Export Prices 116 115 119 114 114 126
Import Prices 128 131 133 126 126 139
Food Inflation 0.9 0.3 0.6 1 1.1 3.4
CPI Housing Utilities 138 138 138 139 139 142
CPI Transportation 132 131 131 132 132 136