The core consumer price inflation in Canada, which excludes volatile items and the effect of indirect taxes, eased to 5.4 percent year-on-year in December 2022, down from 5.8 percent in the previous month. It was the lowest rate since February. source: Statistics Canada
Core Inflation Rate in Canada averaged 2.23 percent from 1984 until 2022, reaching an all time high of 6.20 percent in June of 2022 and a record low of 0.00 percent in June of 1984. This page provides - Canada Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
Core Inflation Rate in Canada is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Core Inflation Rate is projected to trend around 2.00 percent in 2024, according to our econometric models.