Canada Inflation Rate - Forecast

Inflation Rate in Canada is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Canada to stand at 2.30 in 12 months time. In the long-term, the Canada Inflation Rate is projected to trend around 2.20 percent in 2020, according to our econometric models.


Forecast Data Chart
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Canada Prices Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 2.8 2.4 2.3 2.3 2.5 2.2
Inflation Rate Mom -0.1 0.2 0.13 0.12 0.13 0.2
Consumer Price Index CPI 134 135 136 137 138 149
Core Consumer Prices 132 133 133 133 134 142
Core Inflation Rate 1.7 1.6 1.5 1.6 1.5 2.2
GDP Deflator 118 118 118 118 118 118
Producer Prices 119 122 124 126 126 134
Producer Prices Change 5.8 6.3 5.8 5.4 5.8 4.1
Export Prices 127 120 127 127 127 126
Import Prices 137 136 137 137 137 139
Food Inflation 1.6 1.5 1.8 1.6 1.4 2.4
CPI Housing Utilities 141 143 143 144 145 149
CPI Transportation 141 133 141 144 140 136