Canada: Inflation, annual

* indicates monthly or quarterly data series
 Canada

Inflation, annual percent change in the CPI

 Latest value 2.78
 Reference February 2024
 Measure percent
 Data availability January 1961 - February 2024
 Average 3.78
 Min - Max -0.95 - 12.9
 Source Statistics Canada
For that indicator, we provide data for Canada from January 1961 to February 2024. The average value for Canada during that period was 3.78 percent with a minimum of -0.95 percent in August 2009 and a maximum of 12.9 percent in August 1981. Click on the following link to see the values of Inflation, annual percent change in the CPI around the world.
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* indicates monthly or quarterly data series


Recent values chart
Canada - Inflation, annual - recent values

Historical chart
Canada - Inflation, annual - historical chart - 1961-2024
Measure: percent
Source: Statistics Canada


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Definition: Percent change in the CPI from the same month last year.

 Related indicators Latest value Reference Measure
 Inflation 6.8 2022 percent
 Money supply (broad money) 2,449.75 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 102.40 9/2023 percent
 Debt service ratios for private non-financial sector 24.30 Q3/2023 percent
 USD exchange rate 1.3548 9/2023 Local Currency Units per USD
 Exchange rate regimes 7 2021 index points
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