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Canada Inflation Rate (CPI)

Latest

3.0%

+0.2pp vs prior

Jul 2026 · updated 2026-09-07

Inflation Rate (CPI)

Jan 2015 to Jul 2026

Source: OECD live prices system · CPI, all items, year on year.

How much consumer prices are rising compared with a year ago. The Bank of Canada targets 2% inflation.