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CRTLAB/Economic calendar/Canada/Core Inflation Rate YoY

Canada Core Inflation Rate YoY

Next release Monday, 16 November 2026, 08:30 New York. Every release since 22 Jan 2016: 130 on record, actual against forecast. Medium impact for the CAD. Updated within the hour of each release.

Latest · Sep. 20262.2%no forecast · previous 2.4%
Next release16 November 2026
Above forecast41%of 27 since 2016 · last 12: 50%
Range since 20160.7% → 6.2%low Jul. 2020 · high Jun. 2022

The short answer

130 releases

The last Canada Core Inflation Rate YoY (Sep. 2026, released 19 Oct 2026) came in at 2.2%; the previous reading was 2.4%. The next Canada Core Inflation Rate YoY is due Monday, 16 November 2026 at 08:30 New York time (Oct. 2026).

Since 2016, Canada Core Inflation Rate YoY has come in above forecast 41% of the time and below 44% (27 releases with a forecast); over the last 12 it beat 50%. It has now come in below forecast 5 releases in a row.

The average miss against forecast over the last 24 releases was 0.24%: higher than expected is good for the CAD.

Last 12 releases

bar = actual · line = forecast
Oct. 2025: actual 2.9%2.9%Nov ’25Nov. 2025: actual 2.9%2.9%Dec ’25Dec. 2025: actual 2.8%2.8%Jan ’26Jan. 2026: actual 2.6%2.6%Feb ’26Feb. 2026: actual 2.3%2.3%Mar ’26Mar. 2026: actual 2.5%2.5%Apr ’26Apr. 2026: actual 2.1%2.1%May ’26May. 2026: actual 2.2%2.2%Jun ’26Jun. 2026: actual 2.1%2.1%Jul ’26Jul. 2026: actual 2.3%2.3%Aug ’26Aug. 2026: actual 2.4%2.4%Sept ’26Sep. 2026: actual 2.2%2.2%Oct ’26

Canada Core Inflation Rate YoY since 2016

130 releases
20182020202220242026

Every Canada Core Inflation Rate YoY release

latest 120 of 130 · times New York
ReleasedPeriodActualForecastPreviousVs forecast
19 Oct 2026 08:30Sep. 20262.2%–2.4%–
14 Sept 2026 08:30Aug. 20262.4%–2.3%–
17 Aug 2026 08:30Jul. 20262.3%–2.1%–
20 Jul 2026 08:30Jun. 20262.1%–2.2%–
22 Jun 2026 08:30May. 20262.2%–2.1%–
19 May 2026 08:30Apr. 20262.1%–2.5%–
20 Apr 2026 08:30Mar. 20262.5%–2.3%–
16 Mar 2026 08:30Feb. 20262.3%–2.6%–
17 Feb 2026 08:30Jan. 20262.6%–2.8%–
19 Jan 2026 08:30Dec. 20252.8%–2.9%–
15 Dec 2025 08:30Nov. 20252.9%–2.9%–
17 Nov 2025 08:30Oct. 20252.9%–2.8%–
21 Oct 2025 08:30Sep. 20252.8%–2.6%–
16 Sept 2025 08:30Aug. 20252.6%2.7%3.2%below
19 Aug 2025 08:30Jul. 20252.6%–2.7%–
15 Jul 2025 08:30Jun. 20252.7%–2.5%–
24 Jun 2025 08:30May. 20252.5%–2.5%–
20 May 2025 08:30Apr. 20252.5%–2.2%–
15 Apr 2025 08:30Mar. 20252.2%–2.7%–
18 Mar 2025 08:30Feb. 20252.7%–2.1%–
18 Feb 2025 08:30Jan. 20252.1%–1.8%–
21 Jan 2025 08:30Dec. 20241.8%–1.6%–
17 Dec 2024 08:30Nov. 20241.6%–1.7%–
19 Nov 2024 08:30Oct. 20241.7%–1.6%–
15 Oct 2024 08:30Sep. 20241.6%–1.5%–
17 Sept 2024 08:30Aug. 20241.5%–1.7%–
20 Aug 2024 08:30Jul. 20241.7%–1.9%–
16 Jul 2024 08:30Jun. 20241.9%–1.8%–
25 Jun 2024 08:30May. 20241.8%–1.6%–
21 May 2024 08:30Apr. 20241.6%–2%–
16 Apr 2024 08:30Mar. 20242%–2.1%–
19 Mar 2024 08:30Feb. 20242.1%–2.4%–
20 Feb 2024 08:30Jan. 20242.4%–2.6%–
16 Jan 2024 08:30Dec. 20232.6%–2.8%–
19 Dec 2023 08:30Nov. 20232.8%–2.7%–
21 Nov 2023 08:30Oct. 20232.7%–2.8%–
17 Oct 2023 08:30Sep. 20232.8%–3.3%–
19 Sept 2023 08:30Aug. 20233.3%–3.2%–
15 Aug 2023 08:30Jul. 20233.2%–3.2%–
18 Jul 2023 08:30Jun. 20233.2%3.5%3.7%below
27 Jun 2023 08:30May. 20233.7%3.9%4.3%below
16 May 2023 08:30Apr. 20234.1%–4.3%–
18 Apr 2023 08:30Mar. 20234.3%4.4%4.7%below
21 Mar 2023 08:30Feb. 20234.7%4.8%6.1%below
21 Feb 2023 08:30Jan. 20235%–5.4%–
17 Jan 2023 08:30Dec. 20225.4%–5.8%–
21 Dec 2022 08:30Nov. 20225.8%–5.8%–
16 Nov 2022 08:30Oct. 20225.8%–6%–
19 Oct 2022 08:30Sep. 20226%–5.8%–
20 Sept 2022 08:30Aug. 20225.8%–6.1%–
16 Aug 2022 08:30Jul. 20226.1%–6.2%–
20 Jul 2022 08:30Jun. 20226.2%–6.1%–
22 Jun 2022 08:30May. 20226.1%5.9%5.7%above
18 May 2022 08:30Apr. 20225.7%5.4%5.5%above
20 Apr 2022 08:30Mar. 20225.5%4.2%4.8%above
16 Mar 2022 08:30Feb. 20224.8%4.5%4%above
16 Feb 2022 08:30Jan. 20224.3%–4%–
19 Jan 2022 08:30Dec. 20214%3.5%3.6%above
15 Dec 2021 08:30Nov. 20213.6%3.6%2.8%in line
17 Nov 2021 08:30Oct. 20213.8%–3.7%–
20 Oct 2021 08:30Sep. 20213.7%–3.5%–
15 Sept 2021 08:30Aug. 20213.5%–3.3%–
18 Aug 2021 08:30Jul. 20213.3%–2.7%–
28 Jul 2021 08:30Jun. 20212.7%–2.8%–
16 Jun 2021 08:30May. 20212.8%2.4%1.6%above
19 May 2021 08:30Apr. 20212.3%–1.4%–
21 Apr 2021 08:30Mar. 20211.4%–1.2%–
17 Mar 2021 08:30Feb. 20211.2%–1.6%–
17 Feb 2021 08:30Jan. 20211.6%1.4%1.1%above
20 Jan 2021 08:30Dec. 20201.5%–1.5%–
16 Dec 2020 08:30Nov. 20201.5%–1%–
18 Nov 2020 08:30Oct. 20201%–1%–
21 Oct 2020 08:30Sep. 20201%–0.8%–
16 Sept 2020 08:30Aug. 20200.8%–0.7%–
19 Aug 2020 08:30Jul. 20200.7%–1.1%–
22 Jul 2020 08:30Jun. 20201.1%–0.7%–
17 Jun 2020 08:30May. 20200.7%–1.2%–
20 May 2020 08:30Apr. 20201.2%–1.6%–
22 Apr 2020 08:30Mar. 20201.6%–1.8%–
18 Mar 2020 08:30Feb. 20201.8%–1.8%–
19 Feb 2020 08:30Jan. 20201.8%–1.7%–
22 Jan 2020 08:30Dec. 20191.7%–1.9%–
18 Dec 2019 08:30Nov. 20191.9%–1.9%–
20 Nov 2019 08:30Oct. 20191.9%–1.9%–
16 Oct 2019 08:30Sep. 20191.9%–1.9%–
18 Sept 2019 08:30Aug. 20191.9%–2%–
21 Aug 2019 08:30Jul. 20192%–2%–
17 Jul 2019 08:30Jun. 20192%–2.1%–
19 Jun 2019 08:30May. 20192.1%–1.5%–
15 May 2019 08:30Apr. 20191.5%–1.6%–
17 Apr 2019 08:30Mar. 20191.6%–1.5%–
22 Mar 2019 08:30Feb. 20191.5%–1.5%–
27 Feb 2019 08:30Jan. 20191.5%–1.7%–
18 Jan 2019 08:30Dec. 20181.7%–1.5%–
19 Dec 2018 08:30Nov. 20181.5%–1.6%–
23 Nov 2018 08:30Oct. 20181.6%–1.5%–
19 Oct 2018 08:30Sep. 20181.5%–1.7%–
21 Sept 2018 08:30Aug. 20181.7%–1.6%–
17 Aug 2018 08:30Jul. 20181.6%–1.3%–
20 Jul 2018 08:30Jun. 20181.3%–1.3%–
22 Jun 2018 08:30May. 20181.3%–1.5%–
18 May 2018 08:30Apr. 20181.5%–1.4%–
20 Apr 2018 08:30Mar. 20181.4%–1.5%–
23 Mar 2018 08:30Feb. 20181.5%–1.2%–
23 Feb 2018 08:30Jan. 20181.2%–1.2%–
26 Jan 2018 08:30Dec. 20171.2%–1.3%–
21 Dec 2017 08:30Nov. 20171.3%–0.9%–
17 Nov 2017 08:30Oct. 20170.9%–0.8%–
20 Oct 2017 08:30Sep. 20170.8%–0.9%–
22 Sept 2017 08:30Aug. 20170.9%–0.9%–
18 Aug 2017 08:30Jul. 20170.9%–0.9%–
21 Jul 2017 08:30Jun. 20170.9%–0.9%–
23 Jun 2017 08:30May. 20170.9%–1.1%–
19 May 2017 08:30Apr. 20171.1%1.4%1.6%below
21 Apr 2017 08:30Mar. 20171.2%–1.7%–
24 Mar 2017 08:30Feb. 20171.7%–1.7%–
24 Feb 2017 08:30Jan. 20171.7%–1.6%–
20 Jan 2017 08:30Dec. 20161.6%1.7%1.5%below
22 Dec 2016 08:30Nov. 20161.5%1.8%1.7%below
18 Nov 2016 08:30Oct. 20161.7%1.8%1.8%below

Next Core Inflation Rate YoY

Monday, 16 November 202608:30 New York

Oct. 2026. Previous 2.2%.

About

Measures
In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes eight of the most volatile components identified by the Bank of Canada including: fruit, fruit preparations and nuts; vegetables and vegetable preparations; mortgage interest cost; natural gas; fuel oil and other fuels; gasoline; inter-city transportation; and tobacco products and smokers' supplies. It also excludes the effect of changes in indirect taxes.
Good for CAD
Actual higher than forecast
Released
Monthly
Category
Inflation
Source
Statistics Canada

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Frequently asked questions

When is the next Canada Core Inflation Rate YoY release?

The next Canada Core Inflation Rate YoY is due Monday, 16 November 2026 at 08:30 New York time (Oct. 2026).

What was the last Canada Core Inflation Rate YoY?

The last Canada Core Inflation Rate YoY (Sep. 2026, released 19 Oct 2026) came in at 2.2%; the previous reading was 2.4%.

How often is Canada Core Inflation Rate YoY released?

Canada Core Inflation Rate YoY is released monthly by Statistics Canada. CRTLAB has 130 releases on record since 22 Jan 2016.

Does Canada Core Inflation Rate YoY usually beat the forecast?

Since 2016, Canada Core Inflation Rate YoY has come in above forecast 41% of the time and below 44% (27 releases with a forecast); over the last 12 it beat 50%. It has now come in below forecast 5 releases in a row.

What is the highest and lowest Canada Core Inflation Rate YoY since 2016?

The highest was 6.2% (Jun. 2022) and the lowest 0.7% (Jul. 2020). The five-year average is 3.25%.

Is a higher Canada Core Inflation Rate YoY good for the CAD?

Usually yes: a reading above forecast is the good surprise for the CAD, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the CAD against its forecast, red one that was bad.

What does Canada Core Inflation Rate YoY measure?

In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes eight of the most volatile components identified by the Bank of Canada including: fruit, fruit preparations and nuts; vegetables and vegetable preparations; mortgage interest cost; natural gas; fuel oil and other fuels; gasoline; inter-city transportation; and tobacco products and smokers' supplies. It also excludes the effect of changes in indirect taxes.

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