Key data points
Last release
—
Observation period
Oct 2024
Next release
—
Forecast
—
Highest
21.60 % on Jun 30, 1920
Lowest
−17.80 % on Jul 31, 1921
About Canada inflation rate YoY
In Canada, the most important categories in the CPI basket are Shelter (30 percent of the total weight) and Transportation (17 percent). Food accounts for 16 percent; Household Operations, Furnishings and Equipment for 15 percent; Recreation, Education and Reading for 9 percent; Health and Personal Care for 5 percent; Alcoholic Beverages and Tobacco Products for 5 percent and Clothing and Footwear for the remaining 4 percent. The CPI basket is reviewed every four years on the basis of household surveys. The current weights are based on spending patterns in 2002.
Related indicators
Frequently Asked Questions
The highest figure Canada inflation rate YoY has ever reached is 21.60%.
The lowest ever Canada inflation rate YoY is −17.80%.
Last month Canada inflation rate YoY was 2.00%, and the month before that it amounted to 1.60%.