Canada: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 1.78 percent as of February 2026, a decline compared to the previous value of 2.29 percent. Historically, the average for Canada from January 1961 to February 2026 is 3.73 percent. The minimum of -0.95 percent was recorded in July 2009, while the maximum of 12.9 percent was reached in July 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 |
|---|---|
| 2026 Feb | 1.78 |
| 2026 Jan | 2.29 |
| 2025 Dec | 2.36 |
| 2025 Nov | 2.22 |
| 2025 Oct | 2.16 |
| 2025 Sep | 2.36 |
| 2025 Aug | 1.85 |
| 2025 Jul | 1.73 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 2.4 | 2024 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 1.3725 | 3/2026 | Local Currency Units per USD |
| Money supply (broad money) | 2,779.33 | 12/2025 | billion |
| Consumer Price Index (CPI) | 142.4442 | 2/2026 | index points |
| Inflation, monthly | 0.55 | 2/2026 | percent |
| Inflation, annual | 1.78 | 2/2026 | percent |
| Private sector credit | 6,803.43 | 12/2025 | billion |
| Business credit | 3,580.41 | 12/2025 | billion |
| Household credit | 3,223.02 | 12/2025 | billion |
| Mortgage credit | 2,397.11 | 12/2025 | billion |
| Consumer credit | 825.91 | 12/2025 | billion |
| Business credit interest rate | 4.69 | 12/2025 | percent |
| Mortgage credit interest rate | 4.30 | 12/2025 | percent |
| Policy rate | 2.25 | 3/2026 | percent |
| Household debt to GDP | 100.20 | 9/2025 | percent |
| Debt service ratios for private non-financial sector | 25.30 | Q3/2025 | percent |