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All inflation rates are calculated using the Canada Consumer Price Index (CPI) series.
Canada inflation rate for 2022 was 6.80%, a 3.41% increase from 2021. Canada inflation rate for 2021 was 3.40%, a 2.68% increase from 2020. Canada inflation rate for 2020 was 0.72%, a 1.23% decline from 2019. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring ...
The Consumer Price Index (CPI) represents changes in prices as experienced by Canadian consumers. It measures price change by comparing, through time, the cost of a fixed basket of goods and services.
Annual indexes for major components and special aggregates of the Consumer Price Index (CPI), for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the last five years. The base year for the index is 2002=100.
The following table contains YoY (year-over-year) inflation rates calculated from monthly CPI data publications. The value of each month indicates the rolling average inflation rate for the last 12 months.
The Consumer Price Index (CPI) is an indicator of changes in consumer prices experienced by Canadians. It is obtained by comparing, over time, the cost of a fixed basket of goods and services purchased by consumers.
Key indicators such as the 12-month and 1-month inflation rates and price trends are presented in interactive charts, allowing users to compare and analyze price changes of all the goods and services in the CPI basket over time as well as across geography (national, provincial and territorial levels).