Canada Inflation Rate  1915-2016 | Data | Chart | Calendar | Forecast

Canada's annual inflation rate decreased to 1.5 percent in May 2016, from 1.7 percent in April. The figure came below market expectations of 1.6 percent. Food prices rose at a slower pace while gasoline prices fall accelerated. On a monthly basis, consumer prices increased 0.4 percent, compared to 0.3 percent gain in the previous month. Inflation Rate in Canada averaged 3.17 percent from 1915 until 2016, reaching an all time high of 21.60 percent in June of 1920 and a record low of -17.80 percent in June of 1921. Inflation Rate in Canada is reported by the Statistics Canada.

Canada Inflation Rate
Receive the next reported value for Canada Inflation Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.70 21.60 -17.80 1915 - 2016 percent Monthly
2002=100
In Canada, the most important categories in the CPI basket are Shelter (27.5 percent of the total weight) and Transportation (19.3 percent). Food accounts for 16.1 percent; Household Operations, Furnishings and Equipment for 11.8 percent; Recreation, Education and Reading for 11.8 percent; Clothing and Footwear for 5.7 percent; Health and Personal Care for 5 percent; Alcoholic Beverages and Tobacco Products for the remaining 3 percent. The CPI basket is reviewed every four years on the basis of household surveys. The current weights are based on spending patterns in 2009. This page provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Inflation Rate - actual data, historical chart and calendar of releases - was last updated on June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-22 12:30 PM Mar 1.3% 1.4% 1.2% 1.93%
2016-05-20 12:30 PM Apr 1.7% 1.3% 1.7% 1.5%
2016-06-17 12:30 PM May 1.5% 1.7% 1.6% 1.8%
2016-07-22 12:30 PM Jun 1.5% 1.7%
2016-08-19 12:30 PM Jul 1.6%
2016-09-23 12:30 PM Aug 1.7%

Canada Inflation Slows to 1.5% in May


Canada's annual inflation rate decreased to 1.5 percent in May 2016, from 1.7 percent in April. The figure came below market expectations of 1.6 percent. Food prices rose at a slower pace while gasoline prices fall accelerated. On a monthly basis, consumer prices increased 0.4 percent, compared to 0.3 percent gain in the previous month.

Food prices posted their smallest year-over-year gain since March 2014, rising 1.8 percent in May, after a 3.2 percent increase the previous month. The index for food purchased from stores advanced 1.4 percent, as prices for fresh vegetables were up 1.9 percent, less than 11.7 percent in April. Fresh fruit prices also decelerated, posting a 4.9 percent increase, after being up 11.0 percent in April. Prices for food purchased from restaurants rose 2.6 percent, following a 2.7 percent gain the previous month.

The clothing and footwear index was up 1.1 percent, following four consecutive year-over-year declines. This turnaround was mostly attributable to the women's clothing index, which rose 1.8 percent, after falling 0.5 percent in April. A smaller decrease in prices for footwear also contributed to this turnaround. In contrast, prices for children's clothing were down 2.3 percent, their largest year-over-year decline since August 2014.

The recreation, education and reading index rose 1.6 percent, following a 2.4 percent gain in April. This deceleration was led by the index for travel tours, down 6.1 percent, after declining 2.0 percent the previous month. In addition, the index for traveller accommodation increased less in May (+2.2 percent) than in April (+5.6 percent).

Gasoline prices were down 7.1 percent in May, after declining 5.8 percent in April. On a monthly basis, gasoline prices registered their third consecutive increase, rising 4.1 percent in May. 

The annual core inflation rate was recorded at 2.1 percent, down from 2.2 percent in April and in line with market expectations. 

On a monthly basis, consumer prices rose 0.4 percent compared to 0.3 percent growth in the previous month. Transport and recreation prices went up 1.3 percent while food cost dropped 0.3 percent. 

Statistics Canada | Yekaterina Guchshina | yekaterina@tradingeconomics.com
6/17/2016 2:15:16 PM

Canada Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.70 21.60 -17.80 percent [+]
Inflation Rate Mom 0.40 0.30 2.60 -1.30 percent [+]
Consumer Price Index CPI 128.80 128.30 128.80 12.10 Index Points [+]
Core Consumer Prices 128.20 127.90 128.20 61.70 Index Points [+]
Core Inflation Rate 2.10 2.20 5.40 0.00 percent [+]
GDP Deflator 112.10 112.40 113.50 13.00 Index Points [+]
Producer Prices 107.90 108.40 112.60 15.60 Index Points [+]
Producer Prices Change -1.60 -2.10 8.70 -2.40 percent [+]
Export Prices 110.40 110.10 119.20 70.20 Index Points [+]
Import Prices 125.20 125.40 131.70 82.20 Index Points [+]
Food Inflation 1.80 3.20 20.18 -7.14 percent [+]
Cpi Transportation 129.40 127.80 133.10 10.90 Index Points [+]




Last
Afghanistan 5.00 May/16
Albania 0.70 May/16
Algeria 6.08 May/16
Angola 29.23 May/16
Argentina 40.50 Apr/16
Armenia -2.10 May/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.60 May/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.70 May/16
Bangladesh 5.45 May/16
Barbados -1.40 Feb/16
Belarus 12.40 May/16
Belgium 2.20 May/16
Belize 0.10 Apr/16
Benin -0.10 May/16
Bhutan 3.03 Mar/16
Bolivia 5.02 May/16
Bosnia and Herzegovina -1.60 May/16
Botswana 2.80 May/16
Brazil 9.32 May/16
Brunei -1.00 Apr/16
Bulgaria -2.00 May/16
Burkina Faso 2.00 May/16
Burundi 2.70 May/16
Cambodia 2.03 Mar/16
Cameroon 1.47 Dec/15
Canada 1.50 May/16
Cape Verde -1.00 May/16
Cayman Islands -2.80 Mar/16
Central African Republic 25.58 Jun/14
Chad 0.60 Apr/16
Chile 4.20 May/16
China 2.00 May/16
Colombia 8.20 May/16
Comoros 1.40 Dec/14
Congo 2.16 Apr/16
Costa Rica 0.43 May/16
Croatia -1.80 May/16
Cuba 4.40 Dec/15
Cyprus -2.13 May/16
Czech Republic 0.10 May/16
Denmark 0.10 May/16
Djibouti 2.60 Mar/15
Dominican Republic 1.71 May/16
East Timor -1.70 May/16
Ecuador 1.63 May/16
Egypt 12.30 May/16
El Salvador 0.73 May/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.90 May/16
Ethiopia 7.90 May/16
Euro Area -0.10 May/16
European Union -0.10 May/16
Fiji 5.20 May/16
Finland 0.30 May/16
France 0.00 May/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 2.10 May/16
Germany 0.10 May/16
Ghana 18.90 May/16
Greece -0.90 May/16
Guatemala 4.27 May/16
Guinea 7.70 Mar/16
Guinea Bissau 2.20 Apr/16
Guyana 0.30 Mar/16
Haiti 15.10 May/16
Honduras 2.36 May/16
Hong Kong 2.60 May/16
Hungary -0.20 May/16
Iceland 1.70 May/16
India 5.76 May/16
Indonesia 3.33 May/16
Iran 7.40 Apr/16
Iraq 2.50 May/16
Ireland 0.00 May/16
Israel -0.80 May/16
Italy -0.30 May/16
Ivory Coast 2.30 May/16
Jamaica 2.10 May/16
Japan -0.30 Apr/16
Jordan -1.60 May/16
Kazakhstan 16.70 May/16
Kenya 5.00 May/16
Kosovo -0.10 May/16
Kuwait 2.85 Apr/16
Kyrgyzstan 0.30 May/16
Laos 0.96 Apr/16
Latvia -0.80 May/16
Lebanon -2.45 May/16
Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
Luxembourg -0.03 May/16
Macau 2.64 May/16
Macedonia -0.70 May/16
Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
Mali -0.60 May/16
Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
Montenegro -1.00 May/16
Morocco 1.90 May/16
Mozambique 18.27 May/16
Myanmar 14.59 Nov/15
Namibia 6.70 May/16
Nepal 10.00 May/16
Netherlands 0.00 May/16
New Caledonia 0.80 May/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 May/16
Niger 2.10 May/16
Nigeria 15.60 May/16
North Korea 55.00 Jul/13
Norway 3.40 May/16
Oman 1.14 May/16
Pakistan 3.17 May/16
Palestine -0.31 May/16
Panama 0.30 May/16
Papua New Guinea 6.40 Dec/15
Paraguay 3.50 May/16
Peru 3.54 May/16
Philippines 1.60 May/16
Poland -0.90 May/16
Portugal 0.30 May/16
Puerto Rico -0.20 Apr/16
Qatar 2.60 May/16
Republic of the Congo 3.70 Apr/15
Romania -3.50 May/16
Russia 7.30 May/16
Rwanda 4.40 May/16
Sao Tome and Principe 6.00 Apr/16
Saudi Arabia 4.10 May/16
Senegal 1.30 Apr/16
Serbia 0.70 May/16
Seychelles -1.20 May/16
Sierra Leone 8.85 Dec/15
Singapore -1.60 May/16
Slovakia -0.80 May/16
Slovenia -0.40 May/16
Somalia -4.00 Dec/14
South Africa 6.10 May/16
South Korea 0.80 May/16
South Sudan 295.00 May/16
Spain -1.00 May/16
Sri Lanka 4.80 May/16
Sudan 13.98 May/16
Suriname 46.10 Apr/16
Swaziland 8.50 Apr/16
Sweden 0.60 May/16
Switzerland -0.40 May/16
Syria 44.70 Nov/15
Taiwan 1.24 May/16
Tajikistan 5.20 May/16
Tanzania 5.20 May/16
Thailand 0.46 May/16
Togo 2.40 May/16
Trinidad and Tobago 3.50 Apr/16
Tunisia 3.60 May/16
Turkey 6.58 May/16
Turkmenistan 7.00 Dec/15
Uganda 5.40 May/16
Ukraine 7.50 May/16
United Arab Emirates 1.63 Apr/16
United Kingdom 0.30 May/16
United States 1.00 May/16
Uruguay 11.00 May/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.40 Jun/16
Yemen 9.49 Nov/14
Zambia 21.30 May/16
Zimbabwe -1.69 May/16