Over a month, consumer prices in Canada fell by 0.3 percent in August of 2022, compared to the 0.1 percent rise in the prior period. It was the first monthly decrease in prices since January and the steepest since April 2020. source: Statistics Canada

Inflation Rate MoM in Canada averaged 0.29 percent from 1950 until 2022, 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. This page provides - Canada Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Inflation Rate MoM in Canada is expected to be 0.30 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 0.20 percent in 2023 and 0.10 percent in 2024, according to our econometric models.

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Canada Inflation Rate MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-08-16 12:30 PM Jul 0.1% 0.7% 0.1% 0.1%
2022-09-20 12:30 PM Aug -0.3% 0.1% -0.1% 0.2%
2022-10-19 12:30 PM Sep


Related Last Previous Unit Reference
Inflation Rate 7.00 7.60 percent Aug 2022
Inflation Rate MoM -0.30 0.10 percent Aug 2022
Consumer Price Index CPI 152.60 153.10 points Aug 2022
Core Inflation Rate 5.80 6.10 percent Aug 2022
Core Consumer Prices 148.50 148.50 points Aug 2022
GDP Deflator 130.30 126.00 points Jun 2022
Producer Prices 126.70 128.70 points Aug 2022
Producer Prices Change 10.60 11.50 percent Aug 2022
Export Prices 153.60 158.90 points Jul 2022
Import Prices 144.70 143.90 points Jul 2022
Food Inflation 9.80 9.20 percent Aug 2022
Producer Price Inflation MoM -1.20 -2.50 percent Aug 2022
Wholesale Prices 146.60 153.00 points Aug 2022
CPI Transportation 169.70 174.10 points Aug 2022
CPI Housing Utilities 164.10 164.20 points Aug 2022

Canada Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.10 2.60 -1.30 1950 - 2022 percent Monthly
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