Name: Canada CPI Trimmed-mean YoY
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

CPI Trimmed-Mean in Canada held steady at 3.0% in July, unchanged for a second straight month and below the market expectation of 3.1%. CPI Trimmed-Mean in Canada averaged 2.08 Percent from 1990 until 2025, reaching an all time high of 5.70 Percent in June of 2022 and a record low of 0.80 Percent in November of 1997.

CPI Trimmed-Mean in Canada is expected to be 2.80 Percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada CPI Trimmed-mean YoY is projected to trend around 3.00 Percent in 2026 and 2.80 Percent in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Core Inflation Rate YoY	2.60	2.60	percent	Jul 2025
Core Inflation Rate MoM	0.10	0.10	percent	Jul 2025
CPI Median YoY	3.10	3.00	Percent	Jul 2025
CPI Trimmed-Mean YoY	3.00	3.00	Percent	Jul 2025
Inflation Expectations	4.04	4.09	percent	Jun 2025
Inflation Rate YoY	1.70	1.90	percent	Jul 2025
Inflation Rate MoM	0.30	0.10	percent	Jul 2025

Canada CPI Trimmed-mean YoY

CPI Trimmed is a measure of core inflation that excludes CPI components whose rates of change in a given month are located in the tails of the distribution of price changes. This measure helps filter out extreme price movements that might be caused by factors specific to certain components. In particular, CPI-trim excludes 20 percent of the weighted monthly price variations at both the bottom and top of the distribution of price changes, and thus it always removes 40 percent of the total CPI basket.