Canadian inflation rate
Canada inflation summary for January 2021
Updated: February 17, 2021
Next update: March 17, 2021
Current Canada inflation rate
January 2021
1.0%
The Consumer Price Index for Canada is 138.2 for the month of January 2021. The inflation rate year over year is 1.0% (compared to 0.0% for the previous month). Inflation from December 2020 to January 2021 was 0.6%.
Previous Canada Inflation Rate
December 2020 to January 2021
0.6%
Month-to-Month Canada Inflation Rate
December 2020
0.0%
Recent inflation rates for Canada
| Year | jan | feb | mar | apr | may | jun | jul | aug | sep | oct | nov | dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 1.0% | ||||||||||||
| 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% |
| 2017 | 2.1% | 2.0% | 1.6% | 1.6% | 1.3% | 1.0% | 1.2% | 1.4% | 1.6% | 1.4% | 2.1% | 1.9% | 1.6% |
Additional resources
All inflation rates are calculated using the Canada Consumer Price Index (CPI) series.