Canada's consumer prices rose 0.3 percent from a month earlier in October 2018, reversing a 0.4 percent fall in September and beating market expectations of a 0.1 percent advance. Prices for airfares, passenger vehicles and travel tours accelerated the most. Inflation Rate Mom in Canada averaged 0.29 percent from 1950 until 2018, 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.
Inflation Rate Mom in Canada is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Canada to stand at 0.13 in 12 months time. In the long-term, the Canada Inflation Rate MoM is projected to trend around 0.20 percent in 2020, according to our econometric models.