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. source: Statistics Canada
Core Inflation Rate in Canada averaged 2.25 percent from 1984 until 2024, reaching an all time high of 6.20 percent in June of 2022 and a record low of 0.00 percent in June of 1984. This page provides - Canada Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
Core Inflation Rate in Canada is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Core Inflation Rate is projected to trend around 2.00 percent in 2026, according to our econometric models.