Canadian households see inflation rising to a record high of 6.8% in one-year, according to the Canadian Survey of Consumer Expectations for the Second Quarter of 2022. Consumers expect inflation to be high for essentials such as food, gas and rent.
Inflation Expectations in Canada averaged 2.80 percent from 2014 until 2022, reaching an all time high of 6.82 percent in the second quarter of 2022 and a record low of 2.08 percent in the first quarter of 2015. This page includes a chart with historical data for Canada Inflation Expectations. Canada One-Year Inflation Expectations - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.