Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Canada
Index 2015=100
CANCPGRSE01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.65
Year-over-Year Change
13.27%
Date Range
1/1/1961 - 1/1/2025
Summary
The Index 2015=100 tracks the Canadian Consumer Price Index (CPI) on a base year of 2015. This key economic indicator measures inflation and changes in the cost of living for Canadian consumers.
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
The Index 2015=100 is a comprehensive measure of price changes for a basket of consumer goods and services in Canada. It serves as an important gauge of inflation and consumer purchasing power, informing monetary policy and economic analysis.
Methodology
The CPI data is collected through surveys of Canadian households and businesses by Statistics Canada.
Historical Context
Policymakers and analysts use the Index 2015=100 to assess the overall state of the Canadian economy and guide decisions on interest rates, fiscal policies, and social programs.
Key Facts
- The base year for the Index 2015=100 is 2015.
- It tracks prices for over 600 consumer goods and services in Canada.
- The Index 2015=100 is updated monthly by Statistics Canada.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures changes in the prices of consumer goods and services in Canada, providing a comprehensive gauge of inflation.
Q: Why is this trend relevant for users or analysts?
A: The Index 2015=100 is a critical indicator for understanding changes in the cost of living and consumer purchasing power, informing economic policy and analysis.
Q: How is this data collected or calculated?
A: The data for the Index 2015=100 is collected through household and business surveys conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Index 2015=100 to assess inflation, guide monetary policy decisions, and evaluate the overall health of the Canadian economy.
Q: Are there update delays or limitations?
A: The Index 2015=100 is updated monthly by Statistics Canada, with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Index 2015=100 (CANCPGRSE01IXOBQ), retrieved from FRED.