Canada’s annual core inflation, which strips out eight of the most volatile components including food, energy, and mortgage interest costs, rose 0.4% from the previous month in February, following a 0.2% increase in January. source: Statistics Canada

Core Inflation Rate MoM in Canada averaged 0.19 percent from 1984 until 2026, reaching an all time high of 1.00 percent in March of 2022 and a record low of -0.60 percent in June of 2011. This page includes a chart with historical data for Canada Core Inflation Rate MoM. Canada Core Inflation Rate MoM - values, historical data and charts - was last updated on April of 2026.

Core Inflation Rate MoM in Canada is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Core Inflation Rate MoM is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-17 01:30 PM
Core Inflation Rate MoM
Jan 0.2% -0.4% 0.4%
2026-03-16 12:30 PM
Core Inflation Rate MoM
Feb 0.4% 0.2% 0.2%
2026-04-20 12:30 PM
Core Inflation Rate MoM
Mar 0.4% 0.3%


Related Last Previous Unit Reference
Raw Materials Prices YoY 8.60 8.00 percent Feb 2026
Consumer Price Index CPI 165.90 165.00 points Feb 2026
Core Consumer Prices 161.30 160.60 points Feb 2026
Core Inflation Rate YoY 2.30 2.60 percent Feb 2026
Core Inflation Rate MoM 0.40 0.20 percent Feb 2026
CPI Housing Utilities 189.50 189.60 points Feb 2026
CPI Median YoY 2.30 2.50 Percent Feb 2026
CPI Transportation 172.20 170.20 points Feb 2026
CPI Trimmed-Mean YoY 2.30 2.40 Percent Feb 2026
Export Prices 142.40 139.50 points Jan 2026
Food Inflation 5.40 7.30 percent Feb 2026
GDP Implicit Price 130.10 129.10 points Sep 2025
Import Prices 137.90 137.60 points Jan 2026
Inflation Rate YoY 1.80 2.30 percent Feb 2026
Inflation Rate MoM 0.50 0.00 percent Feb 2026
PPI MoM 0.40 2.80 percent Feb 2026
Producer Prices 138.20 137.60 points Feb 2026
PPI YoY 5.40 4.30 percent Jan 2026
Rent Inflation 3.90 4.30 percent Feb 2026
Services Inflation 2.70 3.40 percent Feb 2026
Raw Materials Prices MoM 159.40 158.50 points Jan 2026


Canada Core Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.20 1.00 -0.60 1984 - 2026 percent Monthly
2002=100, NSA