Inflation Expectations in Canada decreased to 3.98 percent in the first quarter of 2026 from 4.10 percent in the fourth quarter of 2025. Inflation Expectations in Canada averaged 3.44 percent from 2014 until 2026, reaching an all time high of 7.18 percent in the fourth quarter of 2022 and a record low of 2.08 percent in the first quarter of 2015.



Related Last Previous Unit Reference
Raw Materials Prices YoY 31.60 23.40 percent Apr 2026
Consumer Price Index CPI 168.00 167.40 points Apr 2026
Core Consumer Prices 161.90 161.60 points Apr 2026
Core Inflation Rate YoY 2.10 2.50 percent Apr 2026
Core Inflation Rate MoM 0.20 0.20 percent Apr 2026
CPI Housing Utilities 190.20 190.10 points Apr 2026
CPI Median YoY 2.10 2.30 Percent Apr 2026
CPI Transportation 183.50 179.50 points Apr 2026
CPI Trimmed-Mean YoY 2.00 2.20 Percent Apr 2026
Export Prices 149.30 142.90 points Mar 2026
Food Inflation 3.50 4.00 percent Apr 2026
GDP Implicit Price 131.00 130.10 points Dec 2025
Import Prices 139.10 137.80 points Mar 2026
Inflation Expectations 3.98 4.10 percent Mar 2026
Inflation Rate YoY 2.80 2.40 percent Apr 2026
Inflation Rate MoM 0.40 0.90 percent Apr 2026
PPI MoM 2.00 2.40 percent Apr 2026
Producer Prices 145.30 142.40 points Apr 2026
PPI YoY 11.40 7.80 percent Apr 2026
Rent Inflation 3.60 4.20 percent Apr 2026
Services Inflation 1.70 2.60 percent Apr 2026
Raw Materials Prices MoM 183.80 179.10 points Apr 2026


Canada One-Year Inflation Expectations
In Canada, inflation expectations refer to households' expectations for inflation in one year time.
Actual Previous Highest Lowest Dates Unit Frequency
3.98 4.10 7.18 2.08 2014 - 2026 percent Quarterly
NSA