CPI Trimmed-Mean inflation in Canada increased to 3.70 percent in December from 3.40 percent in November of 2021, the highest since 1991.

CPI Trimmed-Mean in Canada averaged 1.88 Percent from 1990 until 2021, reaching an all time high of 4.90 Percent in January of 1990 and a record low of 0.80 Percent in December of 1997. This page includes a chart with historical data for Canada CPI Trimmed-mean YoY. Canada CPI Trimmed-mean YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

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Canada CPI Trimmed-mean YoY

Calendar GMT Actual Previous Consensus TEForecast
2021-12-15 01:30 PM Nov 3.4% 3.3% 3.4%
2022-01-19 01:30 PM Dec 3.7% 3.4% 3.5%
2022-11-17 01:30 PM Oct 3.7%

Canada CPI Trimmed-mean YoY
CPI Trimmed is a measure of core inflation that excludes CPI components whose rates of change in a given month are located in the tails of the distribution of price changes. This measure helps filter out extreme price movements that might be caused by factors specific to certain components. In particular, CPI-trim excludes 20 percent of the weighted monthly price variations at both the bottom and top of the distribution of price changes, and thus it always removes 40 percent of the total CPI basket.