The CPI trimmed-mean in Canada increased by 4.2 percent from a year earlier in April of 2023, the lowest since January last year, and easing from a 4.4 percent rise in the prior period.

CPI Trimmed-Mean in Canada averaged 2.01 Percent from 1990 until 2023, reaching an all time high of 5.50 Percent in June of 2022 and a record low of 0.80 Percent in December of 1997. This page includes a chart with historical data for Canada CPI Trimmed-mean YoY. Canada CPI Trimmed-mean YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

CPI Trimmed-Mean in Canada is expected to be 3.90 Percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada CPI Trimmed-mean YoY is projected to trend around 3.00 Percent in 2024 and 2.50 Percent in 2025, according to our econometric models.

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Canada CPI Trimmed-mean YoY

Calendar GMT Actual Previous Consensus TEForecast
2023-04-18 12:30 PM Mar 4.4% 4.8% 4.8%
2023-05-16 12:30 PM Apr 4.2% 4.4% 4.1%
2023-06-27 12:30 PM May 4.2%

Canada CPI Trimmed-mean YoY
CPI Trimmed is a measure of core inflation that excludes CPI components whose rates of change in a given month are located in the tails of the distribution of price changes. This measure helps filter out extreme price movements that might be caused by factors specific to certain components. In particular, CPI-trim excludes 20 percent of the weighted monthly price variations at both the bottom and top of the distribution of price changes, and thus it always removes 40 percent of the total CPI basket.
Actual Previous Highest Lowest Dates Unit Frequency
4.20 4.40 5.50 0.80 1990 - 2023 Percent Monthly