Canada Inflation Rate  1915-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Canada rose 1.6 percent year-on-year in March of 2017, easing from a 2 percent increase in February and below market expectations of 1.8 percent. Gasoline prices slowed and food and clothing cost declined. Inflation Rate in Canada averaged 3.16 percent from 1915 until 2017, 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.

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
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-24 01:30 PM Jan 2.1% 1.5% 1.6% 1.7%
2017-03-24 12:30 PM Feb 2.0% 2.1% 2.1% 2.2%
2017-04-21 12:30 PM Mar 1.6% 2% 1.8% 1.8%
2017-05-19 12:30 PM Apr 1.6% 2.1%
2017-06-23 12:30 PM May 2.2%
2017-07-21 12:30 PM Jun 2.2%




Canada Inflation Rate Down To 3-Month Low Of 1.6%


Consumer prices in Canada rose 1.6 percent year-on-year in March of 2017, easing from a 2 percent increase in February and below market expectations of 1.8 percent. Gasoline prices slowed and food and clothing cost declined.

Year-on-year, transportation cost rose 4.6 percent after increasing 6.6 percent in February, led by the gasoline index. Gasoline prices rose 15.2 percent, following a 23.1 percent increase in February. The purchase of passenger vehicles index was up 2.1 percent in the 12 months to March, following a gain of 3.6 percent in February.

The clothing and footwear index fell 0.9 percent, following a 0.9 percent increase the previous month. This turnaround was led by a decrease in the women's clothing index, down 1.0 percent, following a 3.5 percent increase. A larger year-over-year decline in the children's clothing index (-4.4 percent) more than offset a 0.3 percent increase in the footwear index.

Food cost went down for the sixth consecutive month, dropping 1.9 percent. Prices for food purchased from stores declined 3.6 percent while prices for food purchased from restaurants posted a 2.4 percent increase.

Shelter cost increases in March matched those of February, up 2.2 percent. The homeowners' replacement cost index was the main upward contributor to the 12-month change in the shelter index, up 4.0 percent, despite slowing growth since November 2016. At the same time, rent increased 0.6 percent, after posting a 0.5 percent increase for six consecutive months.

The recreation, education and reading index rose 3.6 percent, following a 3.3 percent gain in February. This acceleration was led by the travel tours index, up 6.8 percent, following a 0.5 percent decline the previous month. In contrast, traveller accommodation prices rose less in March than in February.

On a monthly basis, consumer prices went up 0.2 percent, the same as in February.

The core index rose 0.3 percent on the month and 1.3 percent on the year.


Statistics Canada | Joana Taborda | joana.taborda@tradingeconomics.com
4/21/2017 12:48:24 PM



Canada Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 2.00 21.60 -17.80 percent [+]
Inflation Rate Mom 0.20 0.20 2.60 -1.30 percent [+]
Consumer Price Index CPI 129.90 129.70 129.90 12.10 Index Points [+]
Core Consumer Prices 129.40 129.40 129.40 61.70 Index Points [+]
Core Inflation Rate 1.30 1.70 5.40 0.00 percent [+]
GDP Deflator 114.20 113.00 114.20 13.00 Index Points [+]
Producer Prices 113.00 112.90 113.00 15.60 Index Points [+]
Producer Prices Change 3.50 2.50 8.70 -2.40 percent [+]
Export Prices 118.00 118.40 119.60 70.20 Index Points [+]
Import Prices 130.30 130.50 131.70 82.20 Index Points [+]
Food Inflation -1.90 -2.30 20.18 -7.14 percent [+]
Cpi Transportation 131.10 131.90 133.10 10.90 Index Points [+]


Canada Inflation Rate Notes

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 2.00 21.60 -17.80 1915 - 2017 percent Monthly
2002=100



Last
Afghanistan 4.10 Feb/17
Albania 2.10 Mar/17
Algeria 8.30 Feb/17
Angola 36.52 Mar/17
Argentina 40.50 Apr/16
Armenia -0.10 Mar/17
Aruba -0.30 Feb/17
Australia 1.50 Dec/16
Austria 2.00 Mar/17
Azerbaijan 13.20 Mar/17
Bahamas 0.80 Dec/16
Bahrain 0.40 Feb/17
Bangladesh 5.30 Feb/17
Barbados -0.50 Oct/16
Belarus 6.40 Mar/17
Belgium 2.28 Mar/17
Belize 2.30 Feb/17
Benin -1.00 Feb/17
Bhutan 3.71 Dec/16
Bolivia 3.34 Mar/17
Bosnia and Herzegovina 1.20 Feb/17
Botswana 3.50 Mar/17
Brazil 4.57 Mar/17
Brunei -0.20 Feb/17
Bulgaria 1.90 Mar/17
Burkina Faso 0.20 Feb/17
Burundi 21.10 Mar/17
Cambodia 4.42 Jan/17
Cameroon 0.50 Dec/16
Canada 1.60 Mar/17
Cape Verde 0.50 Mar/17
Cayman Islands 0.60 Dec/16
Central African Republic 38.04 Feb/16
Chad -3.10 Jan/17
Chile 2.70 Mar/17
China 0.90 Mar/17
Colombia 4.69 Mar/17
Comoros 1.30 Dec/15
Congo 36.29 Feb/17
Costa Rica 1.58 Mar/17
Croatia 1.10 Mar/17
Cuba 4.50 Dec/16
Cyprus 1.90 Mar/17
Czech Republic 2.60 Mar/17
Denmark 1.00 Mar/17
Djibouti 2.80 Jan/17
Dominican Republic 3.14 Mar/17
East Timor 0.20 Feb/17
Ecuador 0.96 Mar/17
Egypt 30.90 Mar/17
El Salvador 0.54 Mar/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.80 Mar/17
Ethiopia 8.50 Mar/17
Euro Area 1.50 Mar/17
European Union 1.60 Mar/17
Fiji 5.60 Mar/17
Finland 0.80 Mar/17
France 1.10 Mar/17
Gabon 2.09 Feb/16
Gambia 8.80 Feb/17
Georgia 5.40 Mar/17
Germany 1.60 Mar/17
Ghana 12.80 Mar/17
Greece 1.70 Mar/17
Guatemala 4.00 Mar/17
Guinea 8.70 Dec/16
Guinea Bissau 2.00 Feb/17
Guyana 1.40 Dec/16
Haiti 13.90 Feb/17
Honduras 3.94 Mar/17
Hong Kong 0.50 Mar/17
Hungary 2.70 Mar/17
Iceland 1.60 Mar/17
India 3.81 Mar/17
Indonesia 3.61 Mar/17
Iran 10.60 Feb/17
Iraq -0.80 Feb/17
Ireland 0.70 Mar/17
Israel 0.90 Mar/17
Italy 1.40 Mar/17
Ivory Coast 0.40 Mar/17
Jamaica 4.10 Mar/17
Japan 0.30 Feb/17
Jordan 4.30 Mar/17
Kazakhstan 7.70 Mar/17
Kenya 10.28 Mar/17
Kosovo 1.50 Mar/17
Kuwait 3.22 Feb/17
Kyrgyzstan 2.80 Mar/17
Laos 1.75 Mar/17
Latvia 3.40 Mar/17
Lebanon 5.12 Mar/17
Lesotho 5.20 Feb/17
Liberia 13.31 Feb/17
Libya 29.40 Sep/16
Liechtenstein 0.60 Mar/17
Lithuania 3.10 Mar/17
Luxembourg 1.80 Mar/17
Macau 0.72 Mar/17
Macedonia 0.60 Mar/17
Madagascar 7.00 Dec/16
Malawi 15.80 Mar/17
Malaysia 5.10 Mar/17
Maldives 2.20 Feb/17
Mali 1.50 Feb/17
Malta 1.20 Mar/17
Mauritania 3.00 Mar/17
Mauritius 1.30 Mar/17
Mexico 5.35 Mar/17
Moldova 5.10 Mar/17
Mongolia 2.50 Mar/17
Montenegro 2.70 Mar/17
Morocco 0.10 Mar/17
Mozambique 20.88 Feb/17
Myanmar 9.94 Jul/16
Namibia 7.00 Mar/17
Nepal 2.90 Mar/17
Netherlands 1.10 Mar/17
New Caledonia 1.00 Mar/17
New Zealand 2.20 Mar/17
Nicaragua 3.17 Mar/17
Niger 1.60 Mar/17
Nigeria 17.26 Mar/17
North Korea 55.00 Jul/13
Norway 2.40 Mar/17
Oman 2.82 Mar/17
Pakistan 4.94 Mar/17
Palestine 1.65 Mar/17
Panama 1.50 Mar/17
Papua New Guinea 6.60 Dec/16
Paraguay 2.80 Mar/17
Peru 3.97 Mar/17
Philippines 3.40 Mar/17
Poland 2.00 Mar/17
Portugal 1.40 Mar/17
Puerto Rico 1.60 Feb/17
Qatar 0.90 Mar/17
Republic of the Congo 3.70 Apr/15
Romania 0.20 Mar/17
Russia 4.30 Mar/17
Rwanda 13.00 Mar/17
Sao Tome and Principe 4.90 Feb/17
Saudi Arabia -0.40 Mar/17
Senegal 2.40 Mar/17
Serbia 3.60 Mar/17
Seychelles -1.20 Mar/17
Sierra Leone 18.70 Jan/17
Singapore 0.70 Feb/17
Slovakia 1.00 Mar/17
Slovenia 1.90 Mar/17
Somalia -3.50 Dec/15
South Africa 6.10 Mar/17
South Korea 2.20 Mar/17
South Sudan 425.90 Feb/17
Spain 2.30 Mar/17
Sri Lanka 7.30 Mar/17
Sudan 33.50 Feb/17
Suriname 48.70 Jan/17
Swaziland 8.20 Jan/17
Sweden 1.30 Mar/17
Switzerland 0.60 Mar/17
Syria 51.10 Aug/16
Taiwan 0.18 Mar/17
Tajikistan 7.30 Mar/17
Tanzania 6.40 Mar/17
Thailand 0.76 Mar/17
Togo -0.40 Feb/17
Trinidad and Tobago 3.60 Jan/17
Tunisia 4.80 Mar/17
Turkey 11.29 Mar/17
Turkmenistan 6.17 Dec/16
Uganda 6.40 Mar/17
Ukraine 15.10 Mar/17
United Arab Emirates 2.70 Feb/17
United Kingdom 2.30 Mar/17
United States 2.40 Mar/17
Uruguay 6.71 Mar/17
Uzbekistan 5.70 Dec/16
Venezuela 741.00 Feb/17
Vietnam 4.65 Mar/17
Yemen 9.49 Nov/14
Zambia 6.70 Mar/17
Zimbabwe 0.21 Mar/17