Services Inflation in Canada increased to 2.80 percent in August from 2.50 percent in July of 2026. Services Inflation in Canada averaged 4.20 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	3.00	3.00	percent	Aug 2026

Related	Last	Previous	Unit	Reference
Raw Materials Prices YoY	22.80	18.20	percent	Aug 2026
Consumer Price Index CPI	169.80	169.90	points	Aug 2026
Core Consumer Prices	163.60	163.40	points	Aug 2026
Core Inflation Rate YoY	2.40	2.30	percent	Aug 2026
Core Inflation Rate MoM	0.10	0.20	percent	Aug 2026
CPI Health and Personal Care	158.80	158.60	points	Aug 2026
CPI Housing Utilities	190.90	190.30	points	Aug 2026
CPI Median YoY	2.00	2.00	Percent	Aug 2026
CPI Recreation, Education and Reading	135.90	136.00	points	Aug 2026
CPI Transportation	185.70	186.80	points	Aug 2026
CPI Trimmed-Mean YoY	1.90	1.90	Percent	Aug 2026
Export Prices	153.90	153.20	points	Jul 2026
Food Inflation	2.80	3.00	percent	Aug 2026
GDP Implicit Price	132.80	131.30	points	Mar 2026
Goods Inflation	3.40	3.70	points	Aug 2026
Import Prices	149.20	151.50	points	Jul 2026
Inflation Expectations	4.08	3.98	percent	Jun 2026
Inflation Rate MoM	-0.10	0.50	percent	Aug 2026
PPI MoM	1.30	0.60	percent	Aug 2026
Producer Prices	148.20	146.50	points	Aug 2026
PPI YoY	12.40	12.40	percent	Jul 2026
Rent Inflation	2.80	2.50	percent	Aug 2026
Services Inflation	2.80	2.50	percent	Aug 2026
Raw Materials Prices MoM	174.20	168.90	points	Aug 2026