CPI YoY Rate (2026-07) 3.0%
MoM Shift +0.2% pts
5-Year CAGR 3.6%
5-Year Cumulative 19.4%

Canada Inflation — CPI

Source Statistics Canada · 18-10-0004 Unit % change Updated Sep 2026

All-items Consumer Price Index. Year-over-year, 5-year CAGR, and cumulative 5-year growth computed from the monthly index.

Reading the data

Canada’s CPI rose 3.0% year-over-year in July 2026. This accelerated from 2.8% the month before. Source: Statistics Canada Inflation tracks the rate of price change across consumer goods and services. This chart tracks monthly Year-over-Year (YoY) headline CPI inflation against the structural 5-year compound annual growth rate (CAGR) and cumulative 5-year price level expansion.