Makrognosis

Canada Inflation Rate (CPI)

MonthlyNot seasonally adjustedCode CA.CPI.M.NSA

Latest (y/y)3.1%September 2026
Previous (y/y)3.0%August 2026
Level170.0September 2026

Canada Inflation Rate (CPI) was up 3.1% year on year in September 2026, compared with 3.0% in August 2026.

The level stood at 170.0 (index).

Among the 80 economies Makrognosis covers on this measure, it is the 27th lowest.

Over the past ten years it has ranged from −0.4% (May 2020) to 8.1% (Jun 2022), averaging 2.7%.

Canada Inflation Rate (CPI), annual % change, Oct 1993 – Sep 2026−2%0%2%4%6%8%1995200020052010201520202025Robomacro
Canada Inflation Rate (CPI), annual % change, Oct 1993 – Sep 2026. Source: Statistics Canada.
Canada Inflation Rate (CPI), level (index)801001201401601801995200020052010201520202025Robomacro
Canada Inflation Rate (CPI), level (index).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 2026170.03.1
August 2026169.83.0
July 2026169.93.0
June 2026169.02.8
May 2026169.63.2
April 2026168.02.8
March 2026167.42.4
February 2026165.91.8
January 2026165.02.3
December 2025165.02.4
November 2025165.42.2
October 2025165.32.2
September 2025164.92.4
August 2025164.81.9
July 2025164.91.7
June 2025164.41.9
May 2025164.31.7
April 2025163.41.7
March 2025163.52.3
February 2025163.02.6
January 2025161.31.9
December 2024161.21.8
November 2024161.81.9
October 2024161.82.0

Last 24 observations. The full history (408 observations) is available through the API.

Get Canada Inflation Rate (CPI) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/CA.CPI.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/CA.CPI.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationOctober 1992
Observations408
FrequencyMonthly
Unitsindex
AdjustmentNot seasonally adjusted
10-year high8.1% (Jun 2022)
10-year low−0.4% (May 2020)
10-year average2.7%
Source agencyStatistics Canada
Makrognosis codeCA.CPI.M.NSA

Inflation Rate (CPI): how Canada compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
49OmanAug 20263.4%
50GuyanaSep 20263.4%
51CameroonJul 20263.4%
52SloveniaOct 20263.3%
53IndonesiaOct 20263.2%
54CanadaSep 20263.1%
55LatviaOct 20263.1%
56United StatesSep 20253.0%
57MaltaSep 20262.9%
58SlovakiaOct 20262.9%
59South KoreaOct 20262.8%
60PanamaSep 20262.8%

Inflation Rate (CPI) by country: all 80 economies ranked →

More Canada Inflation Rate (CPI) series

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Other Canada indicators

Canada GDP (Gross Domestic Product)Canada Gross domestic product at market prices, expenditure-based (current prices, SA at annual rates)Canada Unemployment RateCanada Credit Rating & Sovereign Risk ScoreCanada Industrial ProductionCanada Retail SalesCanada Producer Price Inflation (PPI)Canada Trade Balance: Goods & ServicesCanada Exports of goods and services (chained 2017 dollars, SA at annual rates)Canada Merchandise exports, all countries, balance of payments basis, seasonally adjustedCanada Imports of goods and services (chained 2017 dollars, SA at annual rates)Canada Merchandise imports, all countries, balance of payments basis, seasonally adjustedCanada Government Debt to GDPCanada EmploymentCanada M2 (gross) monetary aggregateCanada M2 Money Stock

FAQ

What is the current inflation Rate (CPI) in Canada?
The latest reading is 3.1% year on year for September 2026, published by Statistics Canada.
Where does this data come from?
It is collected directly from Statistics Canada and is available through the Makrognosis API under the code CA.CPI.M.NSA.

Last updated 2026-10-19. Source: Statistics Canada. Original title: “Canada CPI: All-items (2002=100)”.