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Canadian Inflation

News and articles about inflation in Canada


Disclosure: we are an independent nonprofit blog. We strive for accuracy, however please always cross-check our data with Statistics Canada. We may also earn money from some of the products reviewed on the site. (Read more)


The Consumer Price Index Drops (-0.2%) in August 2024, Slows to 2.0% Y-O-Y

September 17, 2024

Canada’s consumer price index (CPI) rose by 2.0% year over year (Y-o-Y) in August, down from 2.5% Y-o-Y in July, and the slowest annual increase … Read More

The Consumer Price Index Rises (0.4%) in July 2024, Slows to 2.5% Y-O-Y

August 20, 2024

Canada’s consumer price index (CPI) rose by 2.5% year over year (Y-o-Y) in July, a drop from the 2.7% Y-o-Y recorded in June, and the … Read More

How to File a Consumer Proposal in Alberta? See Alternatives, Costs, etc.

August 15, 2024

Are you crumbling under debt in Calgary, Edmonton, Lethbridge, Medicine Hat, Red Deer, or elsewhere in the province? First, know that you are NOT alone. … Read More

Is the CIBC business loan worth it?

August 6, 2024

You’re probably seen ads promoting the CIBC business loan in Canada, and are wondering if this is a good option for your startup or business? … Read More

The Consumer Price Index Slips (-0.1%) in June 2024, Slows to 2.7% Y-O-Y

July 16, 2024

Canada’s consumer price index (CPI) rose by 2.7% year over year (Y-o-Y) in June, a drop from the 2.9% Y-o-Y recorded in May. Statistics Canada … Read More

The Consumer Price Index Rose (+0.6%) in May 2024, Jumps to 2.9% Y-O-Y

June 25, 2024

Canada’s consumer price index (CPI) rose by 2.9% year over year (Y-o-Y) in May, a jump from the 2.7% Y-o-Y recorded in April. Statistics Canada … Read More

The Consumer Price Index Rose (+0.5%) in April 2024, Falls to 2.7% Y-O-Y

May 21, 2024

Canada’s consumer price index (CPI) rose by 2.7% year over year (Y-o-Y) in April, a drop from the 2.9% Y-o-Y recorded in March. Statistics Canada (StatsCan) published … Read More

The Consumer Price Index Accelerates (+0.6%) in March 2024, Hits 2.9% Y-O-Y

May 19, 2024

Canada’s consumer price index (CPI) rose by 2.9% year over year (Y-o-Y) in March, jumping above the 2.8% Y-o-Y witnessed in February. Statistics Canada (StatsCan) published the … Read More

The Consumer Price Index Rose in February (+0.3%) and Slowed to 2.8% Y-O-Y in February 2024

May 19, 2024

Canada’s consumer price index (CPI) rose by 2.8% year over year (Y-o-Y) in February, down from 2.9% Y-o-Y in January. Statistics Canada (StatsCan) published the data at … Read More

A chart depicting rising rent costs in Canada

The Consumer Price Index Fell in January (-0.3%) and Cooled to 2.9% Y-O-Y in January 2024

February 20, 2024

Canada’s consumer price index (CPI) rose by a sizable margin in January 2024, rising by 2.9% year over year (Y-o-Y) per today’s Statistics Canada (StatsCan) … Read More

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Latest Data

  • Inflation Rate
  • CPI
  • Region Monthly Yearly
    Canada 0.1% 1.9%
    Quebec 0.1% 2.2%
    Ontario 0.1% 1.8%
    Alberta 0.2% 1.7%
    B.C. -0.1% 2.1%
    View other provinces & regions
  • Region CPI
    Canada 164.4
    Quebec 161.0
    Ontario 166.0
    Alberta 172.3
    B.C. 158.8
    View other provinces & regions
These Consumer Price Indexes were released by Statistics Canada on July 15, 2025 for the month of June 2025. View the CPI release schedule for more details on future release dates.

2024 CPI Trend

More detailed chart on our 2024 Inflation Page

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  • The Consumer Price Index Rises (+0.6%) in May 2025, Holds At 1.7% Y-O-Y
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