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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 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

A chart depicting rising rent costs in Canada

The Consumer Price Index Fell by (-0.3%) Monthly and Rose to 3.4% Y-O-Y in December 2023

January 16, 2024

Canada’s consumer price index (CPI) rose by a sizable margin in December 2023, rising by 3.4% year over year (Y-o-Y) per today’s Statistics Canada (StatsCan) … Read More

A chart depicting rising rent costs in Canada

The Consumer Price Index Rose by 0.1% Monthly and Remains Unchanged at 3.1% Y-O-Y in November 2023

December 19, 2023

Canada’s consumer price index (CPI) remained unchanged in November 2023, rising by 3.1% year over year (Y-o-Y) per today’s Statistics Canada (StatsCan) The Daily report published … Read More

A chart depicting rising rent costs in Canada

The Consumer Price Index Rose by 0.1% Monthly and 3.1% Y-O-Y in October 2023

November 21, 2023

Canada’s consumer price index (CPI) accelerated by a sizable margin in October 2023, rising by 3.1% year over year (Y-o-Y), per today’s Statistics Canada (StatsCan) The Daily report … Read More

A chart depicting rising rent costs in Canada

The Consumer Price Index Rose by 0.1% Monthly and 3.8% Y-O-Y in September 2023

October 17, 2023

Canada’s consumer price index (CPI) accelerated by less than expected in September 2023, rising by 3.8% year over year (Y-o-Y), per today’s Statistics Canada (StatsCan) The Daily report … Read More

A chart depicting rising rent costs in Canada

The Consumer Price Index Rose by 0.6% Monthly and 4.0% Y-O-Y in August 2023

September 19, 2023

Canada’s consumer price index (CPI) accelerated by significantly more than expected in August 2023, rising by 4.0% year over year (Y-o-Y), per today’s Statistics Canada (StatsCan) The … Read More

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Latest Data

  • Inflation Rate
  • CPI
  • Region Monthly Yearly
    Canada 0.3% 2.3%
    Quebec 0.7% 1.9%
    Ontario 0.3% 2.3%
    Alberta 0.4% 2.8%
    B.C. 0.1% 2.6%
    View other provinces & regions
  • Region CPI
    Canada 163.5
    Quebec 159.7
    Ontario 165.1
    Alberta 172.0
    B.C. 157.8
    View other provinces & regions
These Consumer Price Indexes were released by Statistics Canada on April 15, 2025 for the month of March 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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