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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)


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

The Consumer Price Index Rose by 0.6% Monthly and 3.3% Y-O-Y in July 2023

August 15, 2023

Canada’s consumer price index (CPI) increased by more than expected in July 2023, rising by 3.3% year over year (Y-o-Y), per today’s Statistics Canada (StatsCan) The … Read More

The Consumer Price Index Rose by 0.1% Monthly and 2.8% Y-O-Y in June 2023

July 18, 2023

Canada’s consumer price index (CPI) dropped significantly in June 2023 to 2.8% year over year (Y-o-Y), per today’s Statistics Canada (StatsCan) The Daily report issued at 8:30 … Read More

The Consumer Price Index Rose by 0.4% Monthly and 3.4% Y-O-Y in May 2023

June 27, 2023

Canada’s consumer price index (CPI) cooled significantly in May by dropping 0.4% on a monthly basis, per today’s Statistics Canada (StatsCan) The Daily report issued at … Read More

The Consumer Price Index Rose by 0.7% Monthly and 4.4% Y-O-Y in April 2023

May 16, 2023

The consumer price index (CPI) in Canada surprisingly rose by 0.7% on a monthly basis in April, per today’s Statistics Canada (StatsCan) The Daily report issued … Read More

The Consumer Price Index Rose by 0.5% Monthly and Increased 4.3% Y-O-Y in March

April 18, 2023

The consumer price index (CPI) in Canada went up by 0.5% on a monthly basis in March 2023, according to today’s CPI report released by … Read More

The Consumer Price Index Rose by 0.4% Monthly and Increased 5.2% Y-O-Y in February

March 21, 2023

Canada’s consumer price index (CPI) rose by 0.4% on a monthly basis in February 2023, according to today’s CPI report published by Statistics Canada this … Read More

The Consumer Price Index Rose by 0.5% Monthly and Increased 5.9% Y-O-Y in January

February 21, 2023

The Consumer Price Index (CPI) rose by 0.5% on a monthly basis in January 2023, per today’s CPI report published by Statistics Canada. On a … Read More

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Latest Data

  • Inflation Rate
  • CPI
  • Region Monthly Yearly
    Canada -0.1% 1.7%
    Quebec 0.4% 2.2%
    Ontario -0.2% 1.6%
    Alberta -0.5% 1.5%
    B.C. 0.0% 2.0%
    View other provinces & regions
  • Region CPI
    Canada 163.4
    Quebec 160.4
    Ontario 164.8
    Alberta 171.1
    B.C. 157.8
    View other provinces & regions
These Consumer Price Indexes were released by Statistics Canada on May 20, 2025 for the month of April 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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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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