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CONKLING KOPCIKECONOMICS
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Canada: Consumer price inflation, year on year (monthly)

Percentage change in the national consumer price index, all items, on the same month of the previous year. Not seasonally adjusted. Countries that have moved to the COICOP 2018 classification are read from the OECD's COICOP 2018 table, the rest from its COICOP 1999 table.

Data status: Current
Official statisticSource figures as of October 16, 2026Sources & methods
Sources
Organisation for Economic Co-operation and Development
Period covered
Jan 1915 – Aug 2026
Source figures as of
October 16, 2026
Geography
Canada
Sector
Whole economy (not a single sector)
Seasonal adjustment
Not seasonally adjusted
Transformations
Views other than the level (changes, averages, volatility) are calculated by CK Economics from these figures
Revisions
Replaced with the source’s latest figures whenever it revises them.
Data status
Current
Limitations
Seasonal swings are left in: compare a period with the same period a year earlier.

Full method · Research standards

Key figures

CK estimate% change on same month a year earlier · calculated by CK Economics from Organisation for Economic Co-operation and Development data

Latest · Aug 2026
3.03
+1.2 pp vs a year earlier1
5-year change
−1.1 pp
since Aug 20212
10-year change
+1.9 pp
since Aug 20162
Record high
21.6
Jun 19203
Record low
−17.8
Jun 1921 (and 1 other period)3
Where the latest ranks
60th pct.
Higher than 60% of the other 1,339 observations since Jan 19154
  1. 1Latest observation against the observation one year earlier (for weekly data, the nearest within three days).
  2. 2Latest observation against the observation five and ten years earlier.
  3. 3Highest and lowest published observations across the full history shown.
  4. 4Share of the other published observations that are lower than the latest one, rounded down.

Seasonal pattern

CK estimate

Each month of 2026 and 2025 against the average and range of the same month in 2021–2025. Calculated by CK Economics from the published series.

Monthly % change on same month a year earlier in 2026 and 2025 compared with the 2021–2025 average and range
2026 2025 2021–2025 average 2021–2025 range

Methodology

Percentage change in the national consumer price index, all items, on the same month of the previous year. Not seasonally adjusted. Countries that have moved to the COICOP 2018 classification are read from the OECD's COICOP 2018 table, the rest from its COICOP 1999 table. National statistics as compiled by the OECD. Read from the OECD's SDMX API, or from its DBnomics mirror when the OECD's API is unavailable; the series' source note says which. Source series DSD_PRICES_COICOP2018@DF_PRICES_C2018_ALL/CAN.M.N.CPI.PA._T.N.GY. Licence: CC BY 4.0.

How we collect, check and project every dataset →

Source

Organisation for Economic Co-operation and Development, OECD Data Explorer (OECD, retrieved 2026-10-19). https://sdmx.oecd.org/public/rest/data/OECD.SDD.TPS,DSD_PRICES_COICOP2018@DF_PRICES_C2018_ALL,/CAN.M.N.CPI.PA._T.N.GY

All data

1,340 observations, newest first · % change on same month a year earlier

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PeriodValueChange y/y
Aug 20263.03+1.18 pp
Jul 20263.03+1.3 pp
Jun 20262.8+0.94 pp
May 20263.23+1.49 pp
Apr 20262.82+1.07 pp
Mar 20262.39+0.07 pp
Feb 20261.78−0.87 pp
Jan 20262.29+0.4 pp
Dec 20252.36+0.53 pp
Nov 20252.22+0.34 pp
Oct 20252.16+0.15 pp
Sep 20252.36+0.72 pp
Aug 20251.85−0.1 pp
Jul 20251.73−0.8 pp
Jun 20251.86−0.81 pp
May 20251.73−1.13 pp
Apr 20251.74−0.94 pp
Mar 20252.32−0.58 pp
Feb 20252.64−0.14 pp
Jan 20251.9−0.96 pp
Dec 20241.83−1.56 pp
Nov 20241.89−1.23 pp
Oct 20242.02−1.1 pp
Sep 20241.64−2.16 pp