Canada Core Inflation Rate

Last Release

Mar 31, 2025

Actual

2.2

Units In

2.7

Frequency

Monthly

Next Release

May 20, 2025

Time to Release

1 Months 2 Days 15 Hours

Highest	Lowest	Average	Date Range	Source
6.2 Jun 2022	0.16 Aug 1984	2.25 %	1984-2025	Statistics Canada

In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Latest Updates

The annual core inflation rate in Canada which excludes eight of the most volatile components such as food, energy and mortgage interest costs, fell to 2.2% in March 2025 from an over one-year high of 2.7% in the prior month. This marked the first slowdown in core inflation after three consecutive months of increases. On a monthly basis, core consumer prices rose by 0.1% in March, slowing from a 0.7% increase in the prior month.