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    • 3.9%

      • The Consumer Price Index rose 3.9% on an annual average basis in 2023, following a 40-year high increase of 6.8% in 2022 and a 3.4% increase in 2021.
      www150.statcan.gc.ca/n1/daily-quotidien/240116/dq240116b-eng.htm
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  2. Jan 16, 2024 · The Consumer Price Index rose 3.9% on an annual average basis in 2023, following a 40-year high increase of 6.8% in 2022 and a 3.4% increase in 2021. Aside from 2022, the annual average increase in 2023 is the largest since 1991.

  3. 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.

  4. Aug 15, 2023 · The Consumer Price Index rose 3.3% year over year in July, following a 2.8% increase in June. Acceleration in headline consumer inflation was mainly attributable to a base-year effect in gasoline prices, as a large monthly decline in July 2022 ( -9 .2%) is no longer impacting the 12-month movement.

  5. 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.

  6. Jan 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. On a seasonally adjusted monthly basis, the CPI rose 0.3% in December.

  7. 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.

  8. This calculator uses monthly consumer price index (CPI) data from 1914 to the present to show changes in the cost of a fixed "basket" of consumer purchases. These include: food; shelter; furniture; clothing; transportation; recreation; An increase in this cost is called inflation.

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