The Consumer Price Index in Canada decreased 0.20 percent in December of 2020 over the previous month. It is the biggest drop since April of 2020 and compares to forecasts of a flat reading. source: Statistics Canada
Inflation Rate Mom in Canada averaged 0.29 percent from 1950 until 2020, reaching an all time high of 2.60 percent in January of 1991 and a record low of -1.30 percent in June of 1959. This page provides - Canada Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Inflation Rate Mom in Canada is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Canada to stand at 0.20 in 12 months time. In the long-term, the Canada Inflation Rate MoM is projected to trend around 0.20 percent in 2022, according to our econometric models.