Canadian inflation rate
Canada inflation summary for August 2022
Updated: September 20, 2022
Next update: October 19, 2022
Current Canada inflation rate
August 2022
7.0%
The Consumer Price Index for Canada is 152.6 for the month of August 2022. The inflation rate year over year is 7.0% (compared to 7.6% for the previous month). Inflation from July 2022 to August 2022 was -0.3%.
Previous Canada Inflation Rate
July 2022 to August 2022
-0.3%
Month-to-Month Canada Inflation Rate
July 2022
7.6%
Recent inflation rates for Canada
| Year | jan | feb | mar | apr | may | jun | jul | aug | sep | oct | nov | dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 5.1% | 5.7% | 6.7% | 6.8% | 7.7% | 8.1% | 7.6% | 7.0% | |||||
| 2021 | 1.0% | 1.1% | 2.2% | 3.4% | 3.6% | 3.1% | 3.7% | 4.1% | 4.4% | 4.7% | 4.7% | 4.8% | 3.4% |
| 2020 | 2.4% | 2.2% | 0.9% | -0.2% | -0.4% | 0.7% | 0.1% | 0.1% | 0.5% | 0.7% | 1.0% | 0.7% | 0.7% |
| 2019 | 1.4% | 1.5% | 1.9% | 2.0% | 2.4% | 2.0% | 2.0% | 1.9% | 1.9% | 1.9% | 2.2% | 2.2% | 1.9% |
| 2018 | 1.7% | 2.2% | 2.3% | 2.2% | 2.2% | 2.5% | 3.0% | 2.8% | 2.2% | 2.4% | 1.7% | 2.0% | 2.3% |
Additional resources
All inflation rates are calculated using the Canada Consumer Price Index (CPI) series.