Canada: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 2.32 percent as of March 2025, a decline compared to the previous value of 2.64 percent. Historically, the average for Canada from January 1961 to March 2025 is 3.76 percent. The minimum of -0.95 percent was recorded in August 2009, while the maximum of 12.9 percent was reached in August 1981.
Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics Canada
| Recent values | Canada: Inflation, annual percent change in the CPI |
|---|---|
| 2025 Mar | 2.32 |
| 2025 Feb | 2.64 |
| 2025 Jan | 1.9 |
| 2024 Dec | 1.83 |
| 2024 Nov | 1.89 |
| 2024 Oct | 2.02 |
| 2024 Sep | 1.64 |
| 2024 Aug | 1.95 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.9 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 1.4369 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 2,638.12 | 12/2024 | billion |
| Consumer Price Index (CPI) | 163.5000 | 3/2025 | index points |
| Inflation, monthly | 0.31 | 3/2025 | percent |
| Inflation, annual | 2.32 | 3/2025 | percent |
| Private sector credit | 6,525.60 | 12/2024 | billion |
| Business credit | 3,485.84 | 12/2024 | billion |
| Household credit | 3,039.76 | 12/2024 | billion |
| Mortgage credit | 2,246.50 | 12/2024 | billion |
| Consumer credit | 793.27 | 12/2024 | billion |
| Business credit interest rate | 5.48 | 12/2024 | percent |
| Mortgage credit interest rate | 4.48 | 12/2024 | percent |
| Policy rate | 2.75 | 3/2025 | percent |
| Household debt to GDP | 100.10 | 9/2024 | percent |
| Debt service ratios for private non-financial sector | 25.20 | Q3/2024 | percent |