Median inflation rate in Canada rose to a record high of 5 percent year-on-year in July of 2022. source: Bank of Canada

CPI Median in Canada averaged 2 Percent from 1990 until 2022, reaching an all time high of 5 Percent in July of 2022 and a record low of 0.90 Percent in November of 1997. This page includes a chart with historical data for Canada CPI Median YoY. Canada CPI Median YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

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Canada CPI Median YoY

Canada CPI Median YoY
CPI median is a measure of core inflation corresponding to the price change located at the 50th percentile (in terms of the CPI basket weights) of the distribution of price changes in a given month. This measure helps filter out extreme price movements specific to certain components. This approach is similar to CPI-trim as it eliminates all the weighted monthly price variations at both the bottom and top of the distribution of price changes in any given month, except the price change for the component that is the midpoint of that distribution.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.90 5.00 0.90 1990 - 2022 Percent Monthly