Canada: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is -0.06 percent as of August 2026, a decline compared to the previous value of 0.53 percent. Historically, the average for Canada from February 1960 to August 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.
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* indicates monthly or quarterly data series
- Measure: percent
- Definition: The percentage change in the CPI from one month to the next.
- Source: Statistics Canada
| Recent values | Canada: Inflation, monthly percent change in the CPI |
|---|---|
| 2026 Aug | -0.06 |
| 2026 Jul | 0.53 |
| 2026 Jun | -0.35 |
| 2026 May | 0.95 |
| 2026 Apr | 0.36 |
| 2026 Mar | 0.9 |
| 2026 Feb | 0.55 |
| 2026 Jan | 0 |
Download data from our database Other resources: All indicators for Canada All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 2.1 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 1.4140 | 10/2026 | Local Currency Units per USD |
| Money supply (broad money) | 2,840.16 | 6/2026 | billion |
| Consumer Price Index (CPI) | 145.7928 | 8/2026 | index points |
| Inflation, monthly | -0.06 | 8/2026 | percent |
| Inflation, annual | 3.03 | 8/2026 | percent |
| Food and beverages inflation | 2.77 | 8/2026 | percent |
| Alcohol and tobacco inflation | 1.33 | 8/2026 | percent |
| Energy price inflation | 15.45 | 8/2026 | percent |
| Transport services inflation | 7.91 | 8/2026 | percent |
| Services inflation | 2.78 | 8/2026 | percent |
| Information and communication inflation | 3.12 | 8/2026 | percent |
| Restaurant and accommodation services inflation | 3.53 | 8/2026 | percent |
| Health care inflation | 2.55 | 8/2026 | percent |
| Education services inflation | 1.82 | 8/2026 | percent |
| Clothing and footwear inflation | -0.80 | 8/2026 | percent |
| Housing inflation | 2.76 | 8/2026 | percent |
| Private sector credit | 6,918.95 | 6/2026 | billion |
| Business credit | 3,633.54 | 6/2026 | billion |
| Household credit | 3,285.41 | 6/2026 | billion |
| Mortgage credit | 2,442.16 | 6/2026 | billion |
| Consumer credit | 843.24 | 6/2026 | billion |
| Business credit interest rate | 4.66 | 6/2026 | percent |
| Mortgage credit interest rate | 4.21 | 6/2026 | percent |
| Policy rate | 2.25 | 9/2026 | percent |
| Household debt to GDP | 100.00 | 3/2026 | percent |
| Debt service ratios for private non-financial sector | 25.50 | Q1/2026 | percent |