Inflation Rate and Consumer Price Index
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Canadian inflation rate

Canada inflation summary for December 2022

Updated: January 17, 2023
Next update: February 21, 2023

Current Canada inflation rate

December 2022
6.3%
The Consumer Price Index for Canada is 153.1 for the month of December 2022. The inflation rate year over year is 6.3% (compared to 6.8% for the previous month). Inflation from November 2022 to December 2022 was -0.6%.

Previous Canada Inflation Rate

November 2022 to December 2022
-0.6%

Month-to-Month Canada Inflation Rate

November 2022
6.8%

Recent inflation rates for Canada

YearjanfebmaraprmayjunjulaugsepoctnovdecAnnual
20225.1%5.7%6.7%6.8%7.7%8.1%7.6%7.0%6.9%6.9%6.8%6.3%6.8%
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%
All inflation rates are calculated using the Canada Consumer Price Index (CPI) series.