Canadian inflation rate
Canada inflation summary for March 2026
Updated: April 20, 2026
Next update: May 19, 2026
Current Canada inflation rate
March 2026
2.4%
The Consumer Price Index for Canada is 167.4 for the month of March 2026. The inflation rate year over year is 2.4% (compared to 1.8% for the previous month). Inflation from February 2026 to March 2026 was 0.9%.
Previous Canada Inflation Rate
February 2026
1.8%
Month-to-Month Canada Inflation Rate
February 2026 to March 2026
0.9%
Recent inflation rates for Canada
| Year | jan | feb | mar | apr | may | jun | jul | aug | sep | oct | nov | dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.3% | 1.8% | 2.4% | ||||||||||
| 2025 | 1.9% | 2.6% | 2.3% | 1.7% | 1.7% | 1.9% | 1.7% | 1.9% | 2.4% | 2.2% | 2.2% | 2.4% | 2.1% |
| 2024 | 2.9% | 2.8% | 2.9% | 2.7% | 2.9% | 2.7% | 2.5% | 2.0% | 1.6% | 2.0% | 1.9% | 1.8% | 2.4% |
| 2023 | 5.9% | 5.2% | 4.3% | 4.4% | 3.4% | 2.8% | 3.3% | 4.0% | 3.8% | 3.1% | 3.1% | 3.4% | 3.9% |
| 2022 | 5.1% | 5.7% | 6.7% | 6.8% | 7.7% | 8.1% | 7.6% | 7.0% | 6.9% | 6.9% | 6.8% | 6.3% | 6.8% |
Additional resources
All inflation rates are calculated using the Canada Consumer Price Index (CPI) series.