Services Inflation in Canada decreased to 2.70 percent in February from 3.40 percent in January of 2026. Services Inflation in Canada averaged 4.21 percent from 1962 until 2026, reaching an all time high of 13.89 percent in March of 1982 and a record low of 0.46 percent in August of 2020. source: Statistics Canada

Components	Last	Previous	Unit	Reference
Inflation Rate YoY	1.80	2.30	percent	Feb 2026

Related	Last	Previous	Unit	Reference
Raw Materials Prices YoY	8.60	8.00	percent	Feb 2026
Consumer Price Index CPI	165.90	165.00	points	Feb 2026
Core Consumer Prices	161.30	160.60	points	Feb 2026
Core Inflation Rate YoY	2.30	2.60	percent	Feb 2026
Core Inflation Rate MoM	0.40	0.20	percent	Feb 2026
CPI Housing Utilities	189.50	189.60	points	Feb 2026
CPI Median YoY	2.30	2.50	Percent	Feb 2026
CPI Transportation	172.20	170.20	points	Feb 2026
CPI Trimmed-Mean YoY	2.30	2.40	Percent	Feb 2026
Export Prices	142.40	139.50	points	Jan 2026
Food Inflation	5.40	7.30	percent	Feb 2026
GDP Implicit Price	130.10	129.10	points	Sep 2025
Import Prices	137.90	137.60	points	Jan 2026
Inflation Expectations	4.10	4.00	percent	Dec 2025
Inflation Rate MoM	0.50	0.00	percent	Feb 2026
PPI MoM	0.40	2.80	percent	Feb 2026
Producer Prices	138.20	137.60	points	Feb 2026
PPI YoY	5.40	4.30	percent	Jan 2026
Rent Inflation	3.90	4.30	percent	Feb 2026
Services Inflation	2.70	3.40	percent	Feb 2026
Raw Materials Prices MoM	159.40	158.50	points	Jan 2026