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This table shows the monthly All-Items Consumer Price Index (CPI-U) and annual inflation rates for Canada in 2022. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.
Monetary policy is working to reduce price pressures in the Canadian economy. Core inflation is expected to ease gradually, while the path of CPI inflation will be bumpy. Inflation returns sustainably to the 2% target in the second half of 2025.
CansimV41690973V41690914V416909732024-08161.8161.42.02024-07162.1161.22.52024-06161.4160.82.72024-05161.5160.62.9The most recent monthly data shows a 12-month increase of 7% in August 2022, following a 7.6% increase in July. Consumer Price Index 2021, in numbers and pictures Consumer Price Index: 2021 in review .
Jan 17, 2023 · This interactive calculator allows you to enter dollar amounts in the common expense categories to produce a personalized inflation rate, which you can compare to the official measure of inflation for the average Canadian househol d—t he Consumer Price Index (CPI).
- Explore the Consumer Price Index tools that can help you make informed financial decisions
- Chart 5 The Consumer Price Index rises at a faster pace in six provinces
- Upcoming enhancements
- Used vehicle prices
Check out the Personal Inflation Calculator! This interactive calculator allows you to enter dollar amounts in the common expense categories to produce a personalized inflation rate, which you can compare to the official measure of inflation for the average Canadian household—the Consumer Price Index (CPI). Visit the Consumer Price Index Portal to ...
Canada Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick Quebec Ontario Manitoba Saskatchewan Alberta British Columbia Note to readers
The CPI is continuously evolving to incorporate the most timely and accurate data sources and methods. In the coming months, new sources of administrative data will be introduced for the mortgage interest cost index and the cellular services price index.
The Canadian CPI accounts for the sale of used vehicles by including a weight for used vehicles in the index for the purchase of passenger vehicles. However, price changes for new cars are used as a proxy for used cars to ensure price change for this product is still covered to the best extent possible. Work is under way to include the price of use...
This calculator will help you measure the effect of inflation in Canada throughout the years. To use it, simply enter a dollar value, then select the years for which you want to compare the effects of the inflation rate.
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Average annual rate of inflation (%) / Decline in the value of money: CPI for first year: . CPI for second year:
