Canada inflation rate

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Inflation rate Consumer price index

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3.0%unchanged from Jul 2026August 2026 · released 14 Sep 2026

Canada +1.7 ptsLithuania +5.9 ptsover 10 years

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Key data points

Last release: 14 Sep 2026
Observation period: August 2026
Next release: 19 Oct 2026, 12:30 UTC
Previous: 3.0% Jul 2026
Highest: 21.6% Jun 1920
Lowest: −17.8% Jun 1921
A year ago: 1.9%
Data since: 1915

Canada inflation rate by year

Full history →

Canada inflation rate by year
Year	Average	High	Low	Change
2026 (to date)	2.7%	3.2%May 2026	1.8%February 2026	▲ +0.7
2025	2.1%	2.6%February 2025	1.7%July 2025	▲ +0.5
2024	2.4%	2.9%March 2024	1.6%September 2024	▼ −1.1
2023	3.9%	5.9%January 2023	2.8%June 2023	▼ −2.5
2022	6.8%	8.1%June 2022	5.1%January 2022	▲ +1.2
2021	3.4%	4.8%December 2021	1.0%January 2021	▲ +3.8
2020	0.7%	2.4%January 2020	−0.4%May 2020	▼ −1.7
2019	1.9%	2.4%May 2019	1.4%January 2019	▲ +0.8
2018	2.3%	3.0%July 2018	1.7%November 2018	▲ +0.3
2017	1.6%	2.1%January 2017	1.0%June 2017	▼ −0.2
2016	1.4%	2.0%January 2016	1.1%August 2016	▼ −0.5
2015	1.1%	1.6%December 2015	0.8%April 2015	▲ +0.6
2014	1.9%	2.4%June 2014	1.1%February 2014	0.0
2013	0.9%	1.3%July 2013	0.4%April 2013	▲ +0.7
2012	1.5%	2.6%February 2012	0.8%November 2012	▼ −1.7
2011	2.9%	3.7%May 2011	2.2%February 2011	0.0
2010	1.8%	2.4%October 2010	1.0%June 2010	▲ +0.5
2009	0.3%	1.4%February 2009	−1.0%July 2009	▲ +0.2
2008	2.4%	3.5%August 2008	1.2%December 2008	▼ −1.0
2007	2.1%	2.5%September 2007	1.1%January 2007	▲ +1.3

Show all

Canada inflation rate by year
Year	Average	High	Low	Change
2006	2.0%	2.8%May 2006	0.7%September 2006	▼ −1.1
2005	2.2%	3.2%September 2005	1.6%May 2005	▲ +0.2
2004	1.9%	2.5%June 2004	0.7%February 2004	▲ +0.8
2003	2.8%	4.7%February 2003	1.6%November 2003	▼ −2.4
2002	2.3%	4.4%November 2002	1.1%May 2002	▲ +2.4
2001	2.5%	3.9%May 2001	0.6%November 2001	▼ −2.3
2000	2.7%	3.2%November 2000	2.2%April 2000	▲ +1.0
1999	1.7%	2.6%September 1999	0.7%February 1999	▲ +1.9
1998	1.0%	1.2%November 1998	0.7%September 1998	▼ −0.1
1997	1.6%	2.3%February 1997	0.8%December 1997	▼ −1.4
1996	1.6%	2.2%December 1996	1.3%July 1996	▲ +0.6
1995	2.2%	2.9%May 1995	0.6%January 1995	▲ +1.1
1994	0.2%	1.3%January 1994	−0.2%May 1994	▼ −1.1
1993	1.9%	2.4%February 1993	1.7%December 1993	▼ −0.3
1992	1.5%	2.2%December 1992	1.1%August 1992	▲ +0.6
1991	5.6%	6.9%January 1991	3.8%December 1991	▼ −3.1
1990	4.8%	5.5%January 1990	4.1%August 1990	▼ −0.5
1989	5.0%	5.3%July 1989	4.3%January 1989	▲ +1.0
1988	4.0%	4.3%October 1988	3.9%December 1988	▼ −0.1
1987	4.4%	4.7%June 1987	4.0%March 1987	▲ +0.2
1986	4.2%	4.5%November 1986	3.8%June 1986	▼ −0.2
1985	4.0%	4.4%December 1985	3.5%January 1985	▲ +0.9
1984	4.3%	5.5%January 1984	3.4%October 1984	▼ −1.8
1983	5.9%	8.2%January 1983	4.4%November 1983	▼ −3.6
1982	10.8%	11.9%May 1982	9.3%December 1982	▼ −2.0
1981	12.5%	12.9%July 1981	12.1%February 1981	▼ −0.1
1980	10.1%	11.1%November 1980	9.2%April 1980	▲ +1.4
1979	9.1%	9.8%April 1979	8.3%August 1979	▲ +1.3
1978	9.0%	9.7%August 1978	8.5%September 1978	▼ −0.4
1977	8.0%	9.4%December 1977	6.2%February 1977	▲ +3.1
1976	7.6%	9.8%January 1976	5.6%December 1976	▼ −4.2
1975	10.7%	12.0%February 1975	9.4%December 1975	▼ −2.3
1974	11.0%	12.7%December 1974	9.2%February 1974	▲ +3.4
1973	7.5%	9.4%November 1973	5.6%March 1973	▲ +3.8
1972	5.0%	5.7%September 1972	4.3%June 1972	▲ +0.3
1971	2.7%	4.9%December 1971	1.0%January 1971	▲ +3.9
1970	3.4%	5.2%January 1970	1.0%December 1970	▼ −4.2
1969	4.6%	5.4%April 1969	3.6%November 1969	▲ +0.9
1968	4.1%	4.9%November 1968	3.3%June 1968	▼ −0.2
1967	3.6%	4.0%July 1967	2.9%April 1967	▲ +0.5
1966	3.8%	4.2%March 1966	3.0%January 1966	▲ +0.5
1965	2.3%	3.0%June 1965	1.8%April 1965	▲ +1.2
1964	1.9%	2.5%April 1964	1.2%August 1964	▼ −0.1
1963	1.6%	1.9%January 1963	0.6%June 1963	0.0
1962	1.1%	1.9%August 1962	0.0%January 1962	▲ +1.9
1961	1.0%	1.9%March 1961	0.0%October 1961	▼ −1.3
1960	1.4%	2.6%June 1960	0.0%September 1960	0.0
1959	1.2%	2.0%January 1959	0.0%June 1959	▼ −0.7
1958	2.4%	3.4%March 1958	1.3%August 1958	0.0
1957	3.3%	4.3%April 1957	2.1%December 1957	▼ −0.7
1956	1.4%	2.8%August 1956	0.0%February 1956	▲ +2.1
1955	0.2%	0.7%March 1955	−0.7%August 1955	▲ +0.7
1954	0.7%	1.4%June 1954	0.0%January 1954	0.0
1953	−1.0%	0.7%October 1953	−2.1%March 1953	▲ +2.1
1952	2.7%	10.8%January 1952	−1.4%November 1952	▼ −12.2
1951	10.5%	13.0%June 1951	7.4%January 1951	▲ +3.5
1950	2.7%	5.7%December 1950	0.0%January 1950	▲ +5.7
1949	3.5%	8.0%January 1949	0.8%September 1949	▼ −7.2
1948	14.4%	17.5%February 1948	9.0%December 1948	▼ −6.5
1947	9.0%	14.4%December 1947	5.4%January 1947	▲ +9.0
1946	3.1%	5.4%October 1946	1.1%February 1946	▲ +3.2
1945	0.6%	2.2%December 1945	−1.1%January 1945	▲ +3.3
1944	0.7%	3.4%January 1944	−2.2%December 1944	▼ −5.6
1943	2.2%	4.5%September 1943	0.0%March 1943	▲ +1.1
1942	4.7%	7.3%March 1942	1.1%September 1942	▼ −2.7
1941	5.9%	8.6%November 1941	3.8%March 1941	▲ +1.0
1940	4.2%	6.6%September 1940	2.6%January 1940	▲ +2.5
1939	−0.7%	2.6%October 1939	−2.6%March 1939	▲ +3.9
1938	0.6%	2.6%March 1938	−2.6%October 1938	▼ −3.9
1937	3.6%	4.1%April 1937	2.7%January 1937	▲ +1.3
1936	2.1%	2.8%January 1936	1.4%November 1936	▼ −1.4
1935	0.5%	2.8%November 1935	−1.4%March 1935	▲ +2.8
1934	1.2%	2.8%March 1934	0.0%January 1934	▲ +1.4
1933	−4.3%	−2.7%August 1933	−7.7%January 1933	▲ +5.0
1932	−9.4%	−7.6%October 1932	−11.6%February 1932	▲ +2.7
1931	−9.9%	−7.4%January 1931	−12.0%July 1931	▼ −2.8
1930	−1.0%	2.2%January 1930	−6.4%December 1930	▼ −8.6
1929	1.0%	2.2%May 1929	0.0%January 1929	▲ +2.2
1928	0.7%	2.2%August 1928	−1.1%July 1928	▲ +1.1
1927	−1.4%	0.0%January 1927	−2.2%April 1927	▼ −1.1
1926	0.7%	2.2%May 1926	−1.1%December 1926	▼ −1.1
1925	1.2%	2.3%June 1925	0.0%January 1925	▲ +2.2
1924	−1.9%	0.0%January 1924	−4.3%June 1924	▼ −1.1
1923	0.0%	1.1%May 1923	−2.1%January 1923	▲ +2.1
1922	−7.6%	−2.1%November 1922	−14.5%January 1922	▲ +12.4
1921	−11.9%	3.8%January 1921	−17.8%June 1921	▼ −19.9
1920	16.3%	21.6%June 1920	9.8%December 1920	▼ −1.8
1919	9.6%	13.1%January 1919	7.4%November 1919	▼ −4.6
1918	13.1%	15.0%August 1918	10.0%June 1918	▼ −0.2
1917	18.0%	21.5%May 1917	13.8%February 1917	▼ −0.3
1916	8.9%	14.3%December 1916	4.9%January 1916	▲ +9.4
1915	2.1%	3.4%May 1915	0.0%October 1915	▲ +1.6

Indicator info

Category: Prices
Source: Statistics Canada
Frequency: Monthly
Units: Percent

The change in consumer prices compared with the same month a year earlier.

Consumer price indexAug 2026169.8 Unemployment rateSep 20266.5%Labour force participation rateSep 202664.8%GDP growth rateQ2 20261.1%

Reports

Released 14 Sep 20263.0%August 2026

In 9 days

Next release, 12:30 UTC19 Oct 2026September 2026

History

Inflation rate recent observations
Period	Value	Change
August 2026	3.0%	0.0
July 2026	3.0%	+0.2
June 2026	2.8%	−0.4
May 2026	3.2%	+0.4
April 2026	2.8%	+0.4
March 2026	2.4%	+0.6
February 2026	1.8%	−0.5
January 2026	2.3%	−0.1
December 2025	2.4%	+0.2
November 2025	2.2%	0.0
October 2025	2.2%	−0.2
September 2025	2.4%	+0.5
August 2025	1.9%

Common questions

What is the inflation rate in Canada now?

The inflation rate in Canada was 3.0% in August 2026, unchanged from Jul 2026. The figure was released on 14 Sep 2026.

When is the next inflation rate release for Canada?

The next release is scheduled for 19 Oct 2026, 12:30 UTC, covering September 2026.

What are the highest and lowest values of the inflation rate in Canada?

In data since 1915, the highest was 21.6% in Jun 1920 and the lowest was −17.8% in Jun 1921.

Where does this data come from?

Published by Statistics Canada, and shown here exactly as published. Publishers revise figures, and the latest published figure replaces the earlier one.

Source: Statistics Canada; Economics methodology →
API: GET /v1/economics/CAN/inflation; Economics API →
Schedule: Official release dates; Canada CPI release dates 2026 →