Services Inflation in Canada decreased to 2.80 percent in July from 3 percent in June of 2025. Services Inflation in Canada averaged 4.22 percent from 1962 until 2025, reaching an all time high of 13.89 percent in March of 1982 and a record low of 0.46 percent in August of 2020. source: Statistics Canada

Components	Last	Previous	Unit	Reference
Inflation Rate YoY	1.70	1.90	percent	Jul 2025

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 Expectations	4.04	4.09	percent	Jun 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