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 23.60 9.10 percent Mar 2026
Consumer Price Index CPI 167.40 165.90 points Mar 2026
Core Consumer Prices 161.60 161.30 points Mar 2026
Core Inflation Rate YoY 2.50 2.30 percent Mar 2026
Core Inflation Rate MoM 0.20 0.40 percent Mar 2026
CPI Housing Utilities 190.10 189.50 points Mar 2026
CPI Median YoY 2.30 2.30 Percent Mar 2026
CPI Transportation 179.50 172.20 points Mar 2026
CPI Trimmed-Mean YoY 2.20 2.30 Percent Mar 2026
Export Prices 142.90 141.80 points Feb 2026
Food Inflation 4.00 5.40 percent Mar 2026
GDP Implicit Price 130.10 129.10 points Sep 2025
Import Prices 137.80 138.00 points Feb 2026
Inflation Expectations 3.98 4.10 percent Mar 2026
Inflation Rate YoY 2.40 1.80 percent Mar 2026
Inflation Rate MoM 0.90 0.50 percent Mar 2026
PPI MoM 2.40 0.60 percent Mar 2026
Producer Prices 141.70 138.40 points Mar 2026
PPI YoY 7.80 5.60 percent Mar 2026
Rent Inflation 4.20 3.90 percent Mar 2026
Services Inflation 2.50 2.70 percent Mar 2026
Raw Materials Prices MoM 179.30 160.10 points Mar 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