Canada: Inflation forecast

The latest value from 2030 is 1.99 percent, an increase from 1.91 percent in 2029. In comparison, the world average is 3.67 percent, based on data from 181 countries. Historically, the average for Canada from 1980 to 2030 is 2.92 percent. The minimum value, 0.04 percent, was reached in 1994 while the maximum of 12.36 percent was recorded in 1981. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Year-on-year percentage changes in end-of-period consumer prices. The series includes actual historical values for past years and forecast values for the current and the next few years.