Canada's core month-over-month inflation rate remained unchanged at 0.1% in July 2025, below market expectations of a 0.4% rise in prices. Core Inflation Rate MoM in Canada averaged 0.19 percent from 1984 until 2025, 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. source: Statistics Canada

Core Inflation Rate MoM in Canada is expected to be 0.20 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 0.20 percent in 2026 and 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-15 12:30 PM
Core Inflation Rate MoM
Jun 0.1% 0.6% 0.1%
2025-08-19 12:30 PM
Core Inflation Rate MoM
Jul 0.1% 0.1% 0.4% 0.3%
2025-09-16 12:30 PM
Core Inflation Rate MoM
Aug 0.1%


Related Last Previous Unit Reference
Raw Materials Prices YoY 0.80 1.10 percent Jul 2025
Consumer Price Index CPI 164.90 164.40 points Jul 2025
Core Consumer Prices 159.80 159.60 points Jul 2025
Core Inflation Rate YoY 2.60 2.60 percent Jul 2025
Core Inflation Rate MoM 0.10 0.10 percent Jul 2025
CPI Housing Utilities 187.90 187.30 points Jul 2025
CPI Median YoY 3.10 3.00 Percent Jul 2025
CPI Transportation 173.30 172.60 points Jul 2025
CPI Trimmed-Mean YoY 3.00 3.00 Percent Jul 2025
Export Prices 137.20 136.60 points Jul 2025
Food Inflation 3.30 2.90 percent Jul 2025
GDP Implicit Price 129.30 129.30 points Jun 2025
Import Prices 136.60 134.60 points Jul 2025
Inflation Rate YoY 1.70 1.90 percent Jul 2025
Inflation Rate MoM 0.30 0.10 percent Jul 2025
PPI MoM 0.70 0.50 percent Jul 2025
Producer Prices 131.20 130.30 points Jul 2025
PPI YoY 2.60 1.90 percent Jul 2025
Rent Inflation 5.10 4.70 percent Jul 2025
Services Inflation 2.80 3.00 percent Jul 2025
Raw Materials Prices MoM 144.50 144.10 points Jul 2025

Canada Core Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.10 1.00 -0.60 1984 - 2025 percent Monthly
2002=100, NSA