Canadian inflation rate
Canada inflation summary for May 2021
Updated: June 16, 2021
Next update: July 28, 2021
Current Canada inflation rate
May 2021
3.6%
The Consumer Price Index for Canada is 141 for the month of May 2021. The inflation rate year over year is 3.6% (compared to 3.4% for the previous month). Inflation from April 2021 to May 2021 was 0.5%.
Previous Canada Inflation Rate
April 2021 to May 2021
0.5%
Month-to-Month Canada Inflation Rate
April 2021
3.4%
Recent inflation rates for Canada
| Year | jan | feb | mar | apr | may | jun | jul | aug | sep | oct | nov | dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 1.0% | 1.1% | 2.2% | 3.4% | 3.6% | ||||||||
| 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.