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Inflation Rate YoY
The 'Inflation Rate YoY' in Canada measures the percentage change in the price level of a basket of goods and services over a year, reflecting the cost of living and purchasing power. It is crucial for the economy as it influences monetary policy decisions by the Bank of Canada, impacting interest rates and economic growth. For financial markets, unexpected changes in inflation can lead to volatility, affecting bond yields, stock prices, and currency value. In Canada, maintaining a stable inflation rate is vital for economic stability and consumer confidence.Next Event
Aug 19, 2025
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1.7%
1.9%
Historical Data
Jul 15, 2025
1.9%
1.9%
Jun 24, 2025
1.7%
1.7%
May 20, 2025
1.7%
1.6%
Apr 15, 2025
2.3%
2.6%
Mar 18, 2025
2.6%
2.2%
Feb 18, 2025
1.9%
1.9%
Jan 21, 2025
1.8%
1.9%
Dec 17, 2024
1.9%
2%
Nov 19, 2024
2%
1.9%
Oct 15, 2024
1.6%
1.8%
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%