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This table shows the monthly All-Items Consumer Price Index (CPI-U) and annual inflation rates for Canada in 2023. You can find upcoming CPI release dates on our schedule page. These Canadian inflation rate numbers are released by Statistics Canada. Get notified once a month. It's free.
- Annual average change in the Consumer Price Index (CPI) and the CPI excluding energy, 2009 to 2023. While prices rose in every major component on an annual average basis in 2023, price growth slowed in six of eight components compared with 2022.
- Prices rise at a slower pace in all but two major components. Price growth for goods eased to 3.2% in 2023, down from 8.7% in 2022, amid the continued easing of supply chain pressures.
- Deceleration mainly coming from prices for goods. Despite showing a decelerating trend since January 2023, year-over-year price growth in the all-items CPI hovered between 3% and 4% for the last six months of 2023.
- Broad-based price growth across grocery items. Although grocery price levels remained elevated, they were relatively stable over the course of 2023, causing year-over-year growth to decelerate in all but two months, after peaking in January 2023.
Consumer Price Index, December 2023. Released at 8:30 a.m. Eastern time in The Daily, Tuesday, January 16, 2024. The Consumer Price Index (CPI) rose 3.4% on a year-over-year basis in December, following a 3.1% increase in November.
Mar 19, 2024 · Canadian CPI Release Schedule 2024-2025. Below are the dates for the monthly Consumer Price Index (CPI) releases. Each month, Statistics Canada releases CPI data for the previous month. The data covered is disaggregated at the provincial level and by the weighted components of the CPI-U.
The Consumer Price Index (CPI) represents changes in prices as experienced by Canadian consumers. It measures price change by comparing, through time, the cost of a fixed basket of goods and services.
The Consumer Price Index (CPI) is an indicator of changes in consumer prices experienced by Canadians. It is obtained by comparing, over time, the cost of a fixed basket of goods and services purchased by consumers.
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Jan 16, 2024 · Date modified: 2024-01-16. The Consumer Price Index (CPI) rose 3.4% on a year-over-year basis in December, following a 3.1% increase in November. On a seasonally adjusted monthly basis, the CPI rose 0.3% in December.
