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The Rate of Inflation Slows To 2.2% in February

March 18, 2020

Statistics Canada reported that the Consumer Price index (CPI) increased 2.2% in February, compared to this time last year. Yet, the percentage is lower than … Read More

Canada CPI Increases to 2.4% in January

February 19, 2020

The Consumer Price Index (CPI) in Canada increased to 2.4% in January, Statistics Canada (StatsCan) reported. Up from the 2.2% rise in December, the agency … Read More

The Consumer Price Index Increased 2.2% On A Year-Over-Year Basis In December

January 22, 2020

Statistics Canada has released its monthly data, and the Consumer Price Index (CPI) increased 2.2% on a year-to-year basis in December – not seasonally adjusted. … Read More

8 Inflation-Proof Investments for Canadian Investors

January 21, 2019

Savvy Canadians are always looking for an effective way to beat the investment odds. Fighting to outdo inflation and currency devaluation is an area where … Read More

Inflation Weakness Persists in March

April 21, 2017

Consumer prices were up 0.2% in March according to Statistics Canada’s monthly CPI report. Inflation was notably lower than expected for the month; market forecasts … Read More

Inflation Slumps in February

March 25, 2017

According to today’s report from Statistics Canada, consumers paid 2.0% more for goods and services in February compared to a year earlier. Annual inflation was … Read More

Prices Spike Unexpectedly In January

February 24, 2017

At 2.1%, headline inflation surpassed the Bank of Canada’s 2% target in January for the first time since October 2014. Today’s report from Statistics Canada showed … Read More

Falling Food Prices Keep Inflation Muted in 2016

January 31, 2017

According to Statistics Canada, consumer prices rose an annual rate of 1.5% in 2016. This was to disappointing investors for the second consecutive month as expectations … Read More

November Prices Down More Than Expected

December 22, 2016

November inflation data, released this morning by Statistics Canada, points to some unexpected economic weakness and reinforces the Bank of Canada’s intention to leave rates unchanged despite recent … Read More

Food Prices Fall But Inflation is Up in October

November 19, 2016

According to the report released today from Statistics Canada, The Consumer Price Index added 1.5% over the year ending in October, up from 1.3% in September. During the … Read More

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Latest Data

  • Inflation Rate
  • CPI
  • Region Monthly Yearly
    Canada 0.3% -0.4%
    Quebec 0.8% 0.8%
    Ontario 0.8% 0.7%
    Alberta 0.8% 0.8%
    B.C. 0.8% 0.8%
    View other provinces & regions
  • Region CPI
    Canada 136.1
    Quebec 133.4
    Ontario 138.8
    Alberta 144.8
    B.C. 132.8
    View other provinces & regions
These Consumer Price Indexes were released by Statistics Canada on January 20, 2021 for the month of December 2020. View the CPI release schedule for more details on future release dates.
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2020 Inflation Charts

More charts on our 2020 Inflation Table

Recent Posts

  • The Consumer Price Index (CPI) Rose 0.7% in December
  • The Consumer Price Index Increased 1% in November
  • The Consumer Price Index (CPI) Edged Up 0.7% in October
  • The Consumer Price Index Increased 0.5% In September
  • The Consumer Price Index (CPI) Increased 0.1% In August

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Disclaimer: InflationCalculator.ca is an independent service that is not affiliated with Statscan or the Government of Canada. We extract data from Statscan through a script and use it in our calculations. If you have any suggestion, comment or would like to notify us of a bug or calculation error, please use our contact form.

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