Canada Core Inflation Rate

Last Release

Dec 31, 2024

Actual

1.8

Units In

1.6

Frequency

Monthly

Next Release

Feb 18, 2025

Time to Release

25 Days 19 Hours

Highest	Lowest	Average	Date Range	Source
6.2 Jun 2022	0.16 Aug 1984	2.25 %	1984-2024	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, rose to a six-month high of 1.8% in December 2024, up from 1.6% in the prior month. On a monthly basis, core consumer prices fell by 0.3% in December, following a 0.1% decrease in the previous month.