Canada's annual core inflation rose 4% in December of 2021, the most since September of 1989, from a 3.6% in the previous month. source: Statistics Canada

Core Inflation Rate in Canada averaged 2.14 percent from 1984 until 2021, reaching an all time high of 5.40 percent in January of 1987 and a record low of 0 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 January of 2022.

Core Inflation Rate in Canada is expected to be 2.90 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 2023, according to our econometric models.

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Canada Core Inflation Rate


Canada Core Inflation Rate
In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
4.00 3.60 5.40 0.00 1984 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-12-15 01:30 PM Nov 3.6% 3.8% 3.6% 3.7%
2022-01-19 01:30 PM Dec 4% 3.6% 3.5% 3.7%
2022-02-23 01:30 PM Jan 4%


Related Last Previous Unit Reference
Inflation Rate 4.80 4.70 percent Dec/21
Inflation Rate Mom -0.10 0.20 percent Dec/21
Consumer Price Index CPI 144.00 144.20 points Dec/21
Core Inflation Rate 4.00 3.60 percent Dec/21
Core Consumer Prices 141.50 141.50 points Dec/21
GDP Deflator 119.60 118.70 points Sep/21
Producer Prices 118.70 117.80 points Nov/21
Producer Prices Change 18.10 16.70 percent Nov/21
Export Prices 135.60 132.70 points Nov/21
Import Prices 134.80 132.90 points Nov/21
Food Inflation 5.20 4.40 percent Dec/21
CPI Transportation 154.90 155.40 points Dec/21
CPI Housing Utilities 156.80 155.90 points Dec/21
Wholesale Prices 132.00 133.40 points Nov/21