Inflation Rate and Consumer Price Index
DashboardRatesCPIInfoSubscribe

Canadian inflation rate

Canada inflation summary for December 2021

Updated: January 19, 2022
Next update: February 23, 2022

Current Canada inflation rate

December 2021
4.8%
The Consumer Price Index for Canada is 144 for the month of December 2021. The inflation rate year over year is 4.8% (compared to 4.7% for the previous month). Inflation from November 2021 to December 2021 was -0.1%.

Previous Canada Inflation Rate

November 2021 to December 2021
-0.1%

Month-to-Month Canada Inflation Rate

November 2021
4.7%

Recent inflation rates for Canada

YearjanfebmaraprmayjunjulaugsepoctnovdecAnnual
20211.0%1.1%2.2%3.4%3.6%3.1%3.7%4.1%4.4%4.7%4.7%4.8%3.4%
20202.4%2.2%0.9%-0.2%-0.4%0.7%0.1%0.1%0.5%0.7%1.0%0.7%0.7%
20191.4%1.5%1.9%2.0%2.4%2.0%2.0%1.9%1.9%1.9%2.2%2.2%1.9%
20181.7%2.2%2.3%2.2%2.2%2.5%3.0%2.8%2.2%2.4%1.7%2.0%2.3%
20172.1%2.0%1.6%1.6%1.3%1.0%1.2%1.4%1.6%1.4%2.1%1.9%1.6%
All inflation rates are calculated using the Canada Consumer Price Index (CPI) series.