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.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Canada CPI Median YoY

Calendar GMT Actual Previous Consensus TEForecast
2023-04-18 12:30 PM Mar 4.6% 4.9% 4.8%
2023-05-16 12:30 PM Apr 4.2% 4.5% 4.4%
2023-06-27 12:30 PM May 4.2%

Canada CPI Median YoY
CPI median is a measure of core inflation corresponding to the price change located at the 50th percentile (in terms of the CPI basket weights) of the distribution of price changes in a given month. This measure helps filter out extreme price movements specific to certain components. This approach is similar to CPI-trim as it eliminates all the weighted monthly price variations at both the bottom and top of the distribution of price changes in any given month, except the price change for the component that is the midpoint of that distribution.
Actual Previous Highest Lowest Dates Unit Frequency
4.20 4.50 5.20 0.90 1990 - 2023 Percent Monthly