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

Canada's annual inflation rate rose to 1.7% in April 2016, recovering from a 5-month low of 1.3% in March, in line with market expectations. Higher prices for food and shelter contributed the most to the increase while prices for energy fell at a slower pace. On a monthly basis, consumer prices rose 0.3 percent, easing from a 0.6 percent gain in March. 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
1.70 1.30 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-18 12:30 PM Feb 1.4% 2% 1.5% 1.6%
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 1.7% 1.8%
2016-07-22 12:30 PM Jun 1.7%
2016-08-19 12:30 PM Jul 1.6%

Canada Inflation Rate Picks Up to 1.7% in April


Canada's annual inflation rate rose to 1.7% in April 2016, recovering from a 5-month low of 1.3% in March, in line with market expectations. Higher prices for food and shelter contributed the most to the increase while prices for energy fell at a slower pace.

Year-over-year, food prices rose 3.2 percent compared with a 3.6 percent gain in March. Prices for food purchased from stores were up 3.3 percent, following a 4 percent increase the previous month and prices for food purchased from restaurants rose 2.7 percent, following a 2.6 percent increase in March.

The shelter index was up 1.4 percent, following a 1.1 percent gain in March, mainly attributable to smaller year-over-year declines in the prices of natural gas (-12.8 percent from -17.4 percent in the previous month) and fuel oil (-19.3 percent from -25.8 percent). Electricity prices were up 6.5 percent, following a 7.5 percent increase the previous month.

The transportation index increased 0.9 percent, after declining 1 percent in March, as gasoline prices fell at a slower pace (-5.8 percent from -13.6 percent in March). On a year-over-year basis, the purchase of passenger vehicles index increased 4.6 percent, after posting a 3.2 percent gain in the previous month.

Overall energy prices declined 3.2 percent, following a 7.8 percent decrease in March. 

The annual core inflation rate was recorded at 2.2 percent, up from 2.1 percent in March and higher than market expectations of 2 percent. 

On a monthly basis, consumer prices rose 0.3 percent, easing from a 0.6 percent rise in the previous month, as a 0.5 percent drop in prices for food weighed on growth. Meanwhile, the gasoline index climbed 8.9 percent in April, its largest monthly rise since February 2015.

Statistics Canada | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/20/2016 2:05:32 PM

Canada Prices Last Previous Highest Lowest Unit
Inflation Rate 1.70 1.30 21.60 -17.80 percent [+]
Inflation Rate Mom 0.30 0.60 2.60 -1.30 percent [+]
Consumer Price Index CPI 128.30 127.90 128.30 12.10 Index Points [+]
Core Consumer Prices 127.90 127.70 127.90 61.70 Index Points [+]
Core Inflation Rate 2.20 2.10 5.40 0.00 percent [+]
GDP Deflator 112.40 112.60 113.50 13.00 Index Points [+]
Producer Prices 108.30 109.00 112.60 15.60 Index Points [+]
Producer Prices Change -2.10 -1.40 8.70 -2.40 percent [+]
Export Prices 110.10 112.80 119.20 70.20 Index Points [+]
Import Prices 125.40 128.60 131.70 82.20 Index Points [+]
Food Inflation 3.60 3.90 20.18 -7.14 percent [+]
Cpi Transportation 127.80 125.30 133.10 10.90 Index Points [+]




Last
Afghanistan 3.85 Mar/16
Albania 0.30 Apr/16
Algeria 4.61 Mar/16
Angola 26.41 Apr/16
Argentina 35.00 Mar/16
Armenia -1.90 Apr/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.50 Apr/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.80 Apr/16
Bangladesh 5.61 Apr/16
Barbados -1.06 Dec/15
Belarus 12.60 Apr/16
Belgium 2.04 Apr/16
Belize 0.10 Mar/16
Benin -0.20 Feb/16
Bhutan 3.03 Mar/16
Bolivia 4.12 Apr/16
Bosnia and Herzegovina -1.60 Apr/16
Botswana 2.80 Apr/16
Brazil 9.28 Apr/16
Brunei 0.00 Mar/16
Bulgaria -2.20 Apr/16
Burkina Faso 0.70 Mar/16
Burundi 4.30 Mar/16
Cambodia 2.31 Feb/16
Cameroon 1.47 Dec/15
Canada 1.70 Apr/16
Cape Verde -0.90 Apr/16
Cayman Islands -2.50 Dec/15
Central African Republic 25.58 Jun/14
Chad -3.40 Mar/16
Chile 4.20 Apr/16
China 2.30 Apr/16
Colombia 7.93 Apr/16
Comoros 1.40 Dec/14
Congo 2.10 Mar/16
Costa Rica -0.92 Apr/16
Croatia -1.70 Apr/16
Cuba 5.30 Dec/14
Cyprus -2.47 Apr/16
Czech Republic 0.60 Apr/16
Denmark 0.00 Apr/16
Djibouti 2.60 Mar/15
Dominican Republic 1.75 Apr/16
East Timor -1.60 Mar/16
Ecuador 1.78 Apr/16
Egypt 10.30 Apr/16
El Salvador 0.86 Apr/16
Equatorial Guinea 3.90 Dec/15
Eritrea 11.40 Dec/14
Estonia -0.80 Apr/16
Ethiopia 7.40 Apr/16
Euro Area -0.20 Apr/16
European Union 0.00 Mar/16
Fiji 0.80 Mar/16
Finland 0.30 Apr/16
France -0.20 Apr/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 3.20 Apr/16
Germany -0.10 Apr/16
Ghana 18.70 Apr/16
Greece -1.30 Apr/16
Guatemala 4.25 Apr/16
Guinea 7.70 Mar/16
Guinea Bissau 2.30 Mar/16
Guyana -0.97 Sep/15
Haiti 14.80 Mar/16
Honduras 2.48 Mar/16
Hong Kong 2.70 Apr/16
Hungary 0.20 Apr/16
Iceland 1.60 Apr/16
India 5.39 Apr/16
Indonesia 3.60 Apr/16
Iran 8.30 Mar/16
Iraq 1.80 Mar/16
Ireland -0.10 Apr/16
Israel -0.90 Apr/16
Italy -0.50 Apr/16
Ivory Coast 2.00 Apr/16
Jamaica 2.40 Apr/16
Japan -0.30 Apr/16
Jordan -1.20 Apr/16
Kazakhstan 16.30 Apr/16
Kenya 5.27 Apr/16
Kosovo -0.10 Apr/16
Kuwait 3.10 Mar/16
Kyrgyzstan 0.50 Mar/16
Laos 1.13 Mar/16
Latvia -0.80 Apr/16
Lebanon -2.35 Apr/16
Lesotho 6.60 Feb/16
Liberia 7.10 Feb/16
Libya 10.10 Nov/15
Liechtenstein -0.40 Apr/16
Lithuania 1.00 Apr/16
Luxembourg 0.07 Apr/16
Macau 3.02 Apr/16
Macedonia -0.70 Apr/16
Madagascar 6.00 Mar/16
Malawi 20.10 Apr/16
Malaysia 2.10 Apr/16
Maldives 1.40 Mar/16
Mali -2.50 Apr/16
Malta 0.80 Apr/16
Mauritania 0.90 Apr/16
Mauritius 0.20 Apr/16
Mexico 2.54 Apr/16
Moldova 8.30 Apr/16
Mongolia 2.10 Apr/16
Montenegro -0.70 Apr/16
Morocco 1.60 Apr/16
Mozambique 17.29 Apr/16
Myanmar 15.19 Sep/15
Namibia 6.60 Apr/16
Nepal 10.20 Mar/16
Netherlands 0.00 Apr/16
New Caledonia 1.10 Apr/16
New Zealand 0.40 Mar/16
Nicaragua 3.60 Apr/16
Niger 0.30 Apr/16
Nigeria 13.70 Apr/16
North Korea 55.00 Jul/13
Norway 3.20 Apr/16
Oman 1.10 Apr/16
Pakistan 4.17 Apr/16
Palestine -0.28 Apr/16
Panama 0.60 Apr/16
Papua New Guinea 6.40 Dec/15
Paraguay 4.50 Apr/16
Peru 3.91 Apr/16
Philippines 1.10 Apr/16
Poland -1.10 Apr/16
Portugal 0.50 Apr/16
Puerto Rico -0.60 Mar/16
Qatar 3.40 Apr/16
Republic of the Congo 3.70 Apr/15
Romania -3.30 Apr/16
Russia 7.30 Apr/16
Rwanda 4.40 Apr/16
Sao Tome and Principe 4.70 Mar/16
Saudi Arabia 4.20 Apr/16
Senegal 0.70 Apr/16
Serbia 0.40 Apr/16
Seychelles -1.10 Apr/16
Sierra Leone 8.85 Dec/15
Singapore -0.50 Apr/16
Slovakia -0.40 Apr/16
Slovenia -0.60 Apr/16
Somalia -4.00 Dec/14
South Africa 6.20 Apr/16
South Korea 1.00 Apr/16
South Sudan 266.40 Apr/16
Spain -1.10 Apr/16
Sri Lanka 4.30 Apr/16
Sudan 12.85 Apr/16
Suriname 36.60 Mar/16
Swaziland 4.90 Dec/15
Sweden 0.80 Apr/16
Switzerland -0.40 Apr/16
Syria 44.70 Nov/15
Taiwan 1.88 Apr/16
Tajikistan 5.30 Apr/16
Tanzania 5.10 Apr/16
Thailand 0.07 Apr/16
Togo 2.20 Apr/16
Trinidad and Tobago 3.30 Mar/16
Tunisia 3.40 Apr/16
Turkey 6.57 Apr/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Apr/16
Ukraine 9.80 Apr/16
United Arab Emirates 1.43 Mar/16
United Kingdom 0.30 Apr/16
United States 1.10 Apr/16
Uruguay 10.50 Apr/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.28 May/16
Yemen 9.49 Nov/14
Zambia 21.30 May/16
Zimbabwe -1.64 Apr/16