Canada's GDP deflator rose 1.1% in the first quarter of 2026, led by export prices, which increased 3.4% following the global rise in oil prices. Import prices rose 1.1%, resulting in the terms of trade, the difference between the price of exported goods and services and the price of imported goods and services, increasing 2.3%. The deflator for household final consumption expenditure rose 0.6% in the first quarter, however, excluding food and energy prices, it edged up 0.2%. source: Statistics Canada
GDP Deflator in Canada averaged 61.23 points from 1961 until 2026, reaching an all time high of 132.80 points in the first quarter of 2026 and a record low of 11.10 points in the second quarter of 1961. This page provides - Canada GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Deflator - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
GDP Deflator in Canada is expected to be 132.56 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada GDP Deflator is projected to trend around 137.68 points in 2027 and 140.84 points in 2028, according to our econometric models.