The Consumer Price Index in Canada increased 0.40 percent in October of 2024 over the previous month. This page provides - Canada Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The statistic shows the average inflation rate in Canada from 1987 to 2023, with projections up until 2029. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money through...
Meanwhile, grocery prices were still skyrocketing last month, rising nine per cent from last May. The slowdown in the headline rate comes after inflation ticked up slightly in April to 4.4 per cent, setting off some alarm bells at the Bank of Canada. Advertisement Forecasters were ...
25. Here is the latest data for the central bank's rate decisions since March 2022— when it started raising rates to curb inflation before cuts began in June 2024— and the inflation rate for each month. Source: Bank of Canada, Statistics Canada Bank of Can...
TORONTO (Reuters) -Canada's annual inflation rate cooled to a 40-month low of 2.5% in July, matching forecasts, and core inflation measures eased as well, data showed on Tuesday, keeping the Bank of Canada on track to cut interest rates again in September. ...
Canadian Foreign Stock Investment Increases for 8th Month Canada New Home Prices Edge Up as Forecast Canada Inflation Rate Unexpectedly Softens Canada Housing Starts Increase More Than Expected Canada Manufacturing Sales Revised Higher Canadian Wholesale Sales Rise More Than Expected Canada Q3 Capacity Utili...
The latest data comes a week ahead of the Bank of Canada’s next interest rate announcement and updated forecast for inflation. Here’s what happened in the provinces (previous month in brackets): • Newfoundland and Labrador: 4.1 per cent (3...
This inflation calculator uses the official Canadian consumer price index. An inflation rate of 3.02% per year means $100 in 1915 is worth $2,638.04 in 2025.
Canada’sinflation rate roseto 4.4 per cent in April, higher than the month before and topping economists’ expectations. Article content Article content Economists had expected the rate to fall to 4.1 per cent from 4.3 per cent in March. This is the first rise in the consumer price index ...
Canada inflation exceeds forecast, likely thwarting another big rate cut Article content Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month....