Canada: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is 0.36 percent as of April 2026, a decline compared to the previous value of 0.9 percent. Historically, the average for Canada from February 1960 to April 2026 is 0.3 percent. The minimum of -1.04 percent was recorded in October 2008, while the maximum of 2.63 percent was reached in January 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 |
|---|---|
| 2026 Apr | 0.36 |
| 2026 Mar | 0.9 |
| 2026 Feb | 0.55 |
| 2026 Jan | 0 |
| 2025 Dec | -0.24 |
| 2025 Nov | 0.06 |
| 2025 Oct | 0.24 |
| 2025 Sep | 0.06 |
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Definition: The percentage change in the CPI from one month to the next.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 2.4 | 2024 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 1.4053 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 2,779.33 | 12/2025 | billion |
| Consumer Price Index (CPI) | 144.2473 | 4/2026 | index points |
| Inflation, monthly | 0.36 | 4/2026 | percent |
| Inflation, annual | 2.82 | 4/2026 | percent |
| Food and beverages inflation | 3.76 | 4/2026 | percent |
| Alcohol and tobacco inflation | 0.38 | 4/2026 | percent |
| Energy price inflation | 19.22 | 4/2026 | percent |
| Transport services inflation | 8.06 | 4/2026 | percent |
| Services inflation | 1.65 | 4/2026 | percent |
| Information and communication inflation | 0.80 | 4/2026 | percent |
| Restaurant and accommodation services inflation | 3.27 | 4/2026 | percent |
| Health care inflation | 2.64 | 4/2026 | percent |
| Education services inflation | 1.80 | 4/2026 | percent |
| Clothing and footwear inflation | 0.43 | 4/2026 | percent |
| Housing inflation | 3.48 | 4/2026 | 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 | 5/2026 | percent |
| Household debt to GDP | 100.60 | 12/2025 | percent |
| Debt service ratios for private non-financial sector | 25.40 | Q4/2025 | percent |
| Bank deposits, total | 6,641.84 | 3/2026 | billion local currency units |
| Bank deposits, local currency | 3,128.81 | 3/2026 | billion local currency units |
| Bank deposits, foreign currency | 3,513.03 | 3/2026 | billion local currency units |