GDP Deflator in Canada increased to 119.60 points in the third quarter of 2021 from 118.70 points in the second quarter of 2021. source: Statistics Canada

GDP Deflator in Canada averaged 59.99 points from 1961 until 2021, reaching an all time high of 119.60 points in the third quarter of 2021 and a record low of 11.80 points in the second quarter of 1961. This page provides - Canada GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Deflator - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

GDP Deflator in Canada is expected to be 120.41 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada GDP Deflator is projected to trend around 125.29 points in 2023 and 128.42 points in 2024, according to our econometric models.

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Canada GDP Deflator

Canada GDP Deflator
In Canada, implicit price indexes are a byproduct of the deflation procedure, obtained by dividing an expenditure series expressed at current prices by the corresponding series expressed at constant prices. For all volume aggregates published in the Economic and Financial Accounts, the implicit price indexes are the chain Fisher price indexes.
Actual Previous Highest Lowest Dates Unit Frequency
119.60 118.70 119.60 11.80 1961 - 2021 points Quarterly
Seasonally Adjusted

Calendar GMT Actual Previous Consensus TEForecast
2021-08-31 12:30 PM Q2 2.2% 3%
2021-11-30 01:30 PM Q3 0.8% 2.3% 3%

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