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This table shows the monthly All-Items Consumer Price Index (CPI-U) and annual inflation rates for Canada in 2022. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.
Jan 17, 2023 · The Consumer Price Index rose 6.8% on an annual average basis in 2022, following gains of 3.4% in 2021 and of 0.7% in 2020. The increase in 2022 was a 40-year high, the largest increase since 1982 (+10.9%). Excluding energy, the annual average CPI rose 5.7% in 2022 compared with 2.4% in 2021.
The Consumer Price Index (CPI) measures changes in the price of a fixed basket of goods and services purchased by Canadian consumers.
The CPI and Your Experience of Price Change. The video "The Consumer Price Index (CPI) and Your Experience of Price Change" explains how and why the price change reported by the CPI may vary from the prices Canadians see on the shelves. It tells the story of Joe and Izzy, and how they each perceive price change as compared with the CPI.
This Personal Inflation Calculator is an interactive tool that allows you to estimate your personal inflation rate based on your household expenses. Consumer Price Index Data Visualization Tool The Consumer Price Index Data Visualization Tool is an interactive dashboard that provides access to current and historical Consumer Price Index (CPI) data in a dynamic and customizable format.
The most recent monthly data shows a 12-month increase of 7% in August 2022, following a 7.6% increase in July. Consumer Price Index 2021, in numbers and pictures. Consumer Price Index: 2021 in review . Data table for Chart 19
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Dec 13, 2021 · The inflation target is expressed as the year-over-year increase in the total consumer price index (CPI). The CPI is the most relevant measure of the cost of living for most Canadians because it is made up of goods and services that Canadians typically buy, such as food, housing, transportation, furniture, clothing, recreation, and other items.