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CPI Trimmed-Mean YoY
The 'CPI Trimmed-Mean YoY' in Canada is a measure of core inflation that excludes the most volatile components of the Consumer Price Index (CPI), providing a clearer view of underlying inflation trends. It is significant because it helps policymakers, like the Bank of Canada, assess inflationary pressures without the noise of temporary price changes, guiding monetary policy decisions. Financial markets closely watch this measure as it influences interest rate expectations and economic forecasts. In Canada, it is particularly important given the country's sensitivity to commodity price fluctuations, which can skew headline inflation figures.Next Event
Aug 19, 2025
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3.1%
3%
Historical Data
Jul 15, 2025
3%
3%
Jun 24, 2025
3%
3%
May 20, 2025
3.1%
2.9%
Apr 15, 2025
2.8%
3%
Mar 18, 2025
2.9%
2.8%
Feb 18, 2025
2.7%
2.6%
Jan 21, 2025
2.5%
2.5%
Dec 17, 2024
2.7%
2.5%
Nov 19, 2024
2.6%
2.4%
Oct 15, 2024
2.4%
2.5%
Rows:
Historical Chart
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Importance
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CurrencyCAD
Commodities
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Other Indicators
+4.33%
+4.50%
+7.50%
+4.29%
+4.20%
+0.66%