Canada: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is -0.19 percent as of August 2024, a decline compared to the previous value of 0.43 percent. Historically, the average for Canada from February 1960 to August 2024 is 0.3 percent. The minimum of -1.04 percent was recorded in November 2008, while the maximum of 2.63 percent was reached in February 1991.
Click on the following link to see the values of: Inflation, monthly 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, monthly percent change in the CPI |
|---|---|
| 2024 Aug | -0.19 |
| 2024 Jul | 0.43 |
| 2024 Jun | -0.06 |
| 2024 May | 0.56 |
| 2024 Apr | 0.5 |
| 2024 Mar | 0.63 |
| 2024 Feb | 0.32 |
| 2024 Jan | 0 |
Download data from our database
Definition: The percentage change in the CPI from one month to the next.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.9 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 1.3548 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 2,571.14 | 6/2024 | billion |
| Consumer Price Index (CPI) | 161.8000 | 8/2024 | index points |
| Inflation, monthly | -0.19 | 8/2024 | percent |
| Inflation, annual | 1.95 | 8/2024 | 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 | 6.42 | 6/2024 | percent |
| Mortgage credit interest rate | 4.85 | 6/2024 | percent |
| Policy rate | 4.50 | 8/2024 | percent |
| Household debt to GDP | 102.30 | 12/2023 | percent |
| Debt service ratios for private non-financial sector | 24.50 | Q4/2023 | percent |