Canada: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 2.53 percent as of July 2024, a decline compared to the previous value of 2.67 percent. Historically, the average for Canada from January 1961 to July 2024 is 3.77 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.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics Canada
| Recent values | Canada: Inflation, annual percent change in the CPI |
|---|---|
| 2024 Jul | 2.53 |
| 2024 Jun | 2.67 |
| 2024 May | 2.87 |
| 2024 Apr | 2.69 |
| 2024 Mar | 2.9 |
| 2024 Feb | 2.78 |
| 2024 Jan | 2.86 |
| 2023 Dec | 3.4 |
Download data from our database
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 | 2021 | index points |
| USD exchange rate | 1.3548 | 9/2023 | Local Currency Units per USD |
| Money supply (broad money) | 2,452.85 | 9/2023 | billion |
| Consumer Price Index (CPI) | 158.5000 | 9/2023 | index points |
| Inflation, monthly | -0.13 | 9/2023 | percent |
| Inflation, annual | 3.80 | 9/2023 | percent |
| Private sector credit | 4,638.28 | 9/2020 | billion |
| Business credit | 2,304.15 | 9/2020 | billion |
| Household credit | 2,334.13 | 9/2020 | billion |
| Mortgage credit | 1,707.88 | 9/2020 | billion |
| Consumer credit | 626.25 | 9/2020 | billion |
| Business credit interest rate | 6.25 | 9/2023 | percent |
| Mortgage credit interest rate | 4.63 | 9/2023 | percent |
| Policy rate | 5.00 | 9/2023 | percent |
| Household debt to GDP | 102.50 | 9/2023 | percent |
| Debt service ratios for private non-financial sector | 24.40 | Q3/2023 | percent |