
Canada: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is -0.37 percent as of December 2024, a decline compared to the previous value of 0 percent. Historically, the average for Canada from February 1960 to December 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.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics Canada
Recent values | Canada: Inflation, monthly percent change in the CPI |
---|---|
2024  Dec | -0.37 |
2024  Nov | 0 |
2024  Oct | 0.43 |
2024  Sep | -0.43 |
2024  Aug | -0.19 |
2024  Jul | 0.43 |
2024  Jun | -0.06 |
2024  May | 0.56 |
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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 | 2022 | index points |
USD exchange rate | 1.4394 | 1/2025 | Local Currency Units per USD |
Money supply (broad money) | 2,587.56 | 9/2024 | billion |
Consumer Price Index (CPI) | 161.2000 | 12/2024 | index points |
Inflation, monthly | -0.37 | 12/2024 | percent |
Inflation, annual | 1.83 | 12/2024 | percent |
Private sector credit | 6,412.10 | 9/2024 | billion |
Business credit | 3,407.86 | 9/2024 | billion |
Household credit | 3,004.24 | 9/2024 | billion |
Mortgage credit | 2,219.03 | 9/2024 | billion |
Consumer credit | 785.20 | 9/2024 | billion |
Business credit interest rate | 6.12 | 9/2024 | percent |
Mortgage credit interest rate | 4.73 | 9/2024 | percent |
Policy rate | 3.25 | 12/2024 | percent |
Household debt to GDP | 101.80 | 6/2024 | percent |
Debt service ratios for private non-financial sector | 24.90 | Q2/2024 | percent |