Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Canada
Index 2015=100, Monthly, Seasonally Adjusted
CANCPALTT01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.26
Year-over-Year Change
2.31%
Date Range
1/1/1992 - 3/1/2025
Summary
The Index 2015=100, Monthly, Seasonally Adjusted metric tracks changes in Canadian consumer prices, providing a key measure of inflation for policymakers and analysts.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index represents the Canadian Consumer Price Index (CPI), a widely-used gauge of consumer inflation. The CPI tracks the average change in prices paid by Canadian households for a basket of consumer goods and services, serving as an important economic indicator.
Methodology
The data is collected through surveys of Canadian households and businesses, then calculated and adjusted for seasonal variations.
Historical Context
The Canadian CPI is closely monitored by the Bank of Canada and other institutions to inform monetary policy decisions.
Key Facts
- The CPI is calculated based on a representative basket of over 600 consumer goods and services.
- Canada's CPI has increased by an average of 2.3% annually over the past decade.
- The Bank of Canada aims to keep inflation within a 1-3% target range
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly, Seasonally Adjusted metric tracks changes in Canadian consumer prices, providing a key measure of inflation.
Q: Why is this trend relevant for users or analysts?
A: The Canadian CPI is a crucial economic indicator used by policymakers, businesses, and consumers to understand the state of inflation in the Canadian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Canadian households and businesses, then calculated and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: The Canadian CPI is closely monitored by the Bank of Canada and other institutions to inform monetary policy decisions aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The Canadian CPI data is released monthly with a brief delay, providing timely information on consumer price changes.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Seasonally Adjusted (CANCPALTT01IXOBSAM), retrieved from FRED.