The inflation rate in Canada fell to 2.2 percent in September of 2018 from 2.8 percent in August and well below market expectations of 2.7 percent. Month over month, the CPI decreased 0.4% as transitory pressures from the gasoline, air transportation and travel tours indexes, which boosted the all-items CPI in July and August, eased. Inflation Rate in Canada averaged 3.14 percent from 1915 until 2018, reaching an all time high of 21.60 percent in June of 1920 and a record low of -17.80 percent in June of 1921.

Canada Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-17 12:30 PM Inflation Rate YoY 3% 2.5% 2.5% 2.4%
2018-09-21 12:30 PM Inflation Rate YoY 2.8% 3% 2.8% 2.8%
2018-10-19 12:30 PM Inflation Rate YoY 2.2% 2.8% 2.7% 2.6%
2018-11-23 01:30 PM Inflation Rate YoY 2.2% 2.2% 2.4%
2018-12-19 01:30 PM Inflation Rate YoY 2.4%


Canada Prices Last Previous Highest Lowest Unit
Inflation Rate 2.20 2.80 21.60 -17.80 percent [+]
Inflation Rate Mom -0.40 -0.10 2.60 -1.30 percent [+]
Consumer Price Index CPI 133.70 134.20 134.30 12.10 Index Points [+]
Core Consumer Prices 131.80 131.90 131.90 61.70 Index Points [+]
Core Inflation Rate 1.50 1.70 5.40 0.00 percent [+]
GDP Deflator 117.60 117.00 117.60 12.80 Index Points [+]
Producer Prices 118.90 118.80 119.70 15.60 Index Points [+]
Producer Prices Change 6.20 5.70 21.10 -7.20 percent [+]
Export Prices 128.40 127.40 128.40 70.20 Index Points [+]
Import Prices 136.60 136.90 8964.00 82.20 Index Points [+]
Food Inflation 1.80 1.60 20.18 -7.14 percent [+]
CPI Housing Utilities 141.50 141.20 141.50 39.10 Index Points [+]
CPI Transportation 138.40 141.30 142.00 10.90 Index Points [+]


Canada Inflation Rate

In Canada, the most important categories in the CPI basket are Shelter (27.5 percent of the total weight) and Transportation (19.3 percent). Food accounts for 16.1 percent; Household Operations, Furnishings and Equipment for 11.8 percent; Recreation, Education and Reading for 11.8 percent; Clothing and Footwear for 5.7 percent; Health and Personal Care for 5 percent; Alcoholic Beverages and Tobacco Products for the remaining 3 percent. The CPI basket is reviewed every four years on the basis of household surveys. The current weights are based on spending patterns in 2009. This page provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.80 21.60 -17.80 1915 - 2018 percent Monthly
2002=100




Country Last
Argentina 45.50 Oct/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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