The Consumer Price Index in Canada increased 0.1% month-over-month in September 2026, rebounding from a 0.1% fall in August, but below forecasts of a 0.2% gain. Inflation Rate MoM in Canada averaged 0.29 percent from 1950 until 2026, reaching an all time high of 2.60 percent in January of 1991 and a record low of -1.30 percent in June of 1959. source: Statistics Canada
Inflation Rate MoM in Canada is expected to be -0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Inflation Rate MoM is projected to trend around 0.40 percent in 2027 and 0.30 percent in 2028, according to our econometric models.