Core consumer prices in Canada increased 1 percent in October of 2020 over the same month in the previous year. source: Statistics Canada

Core Inflation Rate in Canada averaged 2.12 percent from 1984 until 2020, reaching an all time high of 5.40 percent in January of 1987 and a record low of 0 percent in June of 1984. This page provides - Canada Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Core Inflation Rate in Canada is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Canada to stand at 1.70 in 12 months time. In the long-term, the Canada Core Inflation Rate is projected to trend around 2.00 percent in 2021, according to our econometric models.

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Canada Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 5.40 0.00 1984 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-08-19 12:30 PM Jul 0.7% 1.1% 1.1%
2020-09-16 12:30 PM Aug 0.8% 0.7% 0.9% 0.7%
2020-10-21 12:30 PM Sep 1% 0.8% 0.7%
2020-11-18 01:30 PM Oct 1% 1% 0.9% 1%
2020-12-16 01:30 PM Nov 1% 1%
2021-01-22 01:30 PM Dec
2021-02-19 01:30 PM Jan
2021-03-18 12:30 PM Feb

Canada Prices Last Previous Highest Lowest Unit
Inflation Rate 0.70 0.50 21.60 -17.80 percent [+]
Inflation Rate Mom 0.40 -0.10 2.60 -1.30 percent [+]
Consumer Price Index CPI 137.50 136.90 137.50 12.10 points [+]
Core Consumer Prices 136.00 135.80 136.00 61.70 points [+]
Core Inflation Rate 1.00 1.00 5.40 0.00 percent [+]
GDP Deflator 109.30 110.60 111.10 11.80 points [+]
Producer Prices 114.80 114.80 119.70 15.60 points [+]
Producer Prices Change -2.20 -2.30 21.10 -7.20 percent [+]
Export Prices 110.30 109.50 113.50 62.60 points [+]
Import Prices 122.10 120.90 8964.00 75.90 points [+]
Food Inflation 2.30 1.60 20.18 -7.14 percent [+]
Wholesale Prices 94.40 96.50 137.30 40.40 points [+]
CPI Housing Utilities 148.30 147.30 148.30 39.10 points [+]
CPI Transportation 141.10 140.40 144.20 10.90 points [+]


Canada Core Inflation Rate
In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.