The CPI median in Canada surged by 4.2 percent from a year earlier in April of 2023, the lowest since March last year, and easing from a downwardly revised 4.5 percent rise in the prior period. source: Bank of Canada
CPI Median in Canada averaged 2.06 Percent from 1990 until 2023, reaching an all time high of 5.20 Percent in December of 2022 and a record low of 0.90 Percent in November of 1997. This page includes a chart with historical data for Canada CPI Median YoY. Canada CPI Median YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
CPI Median in Canada is expected to be 3.50 Percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada CPI Median YoY is projected to trend around 2.50 Percent in 2024 and 2.00 Percent in 2025, according to our econometric models.