Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Canada
CANCPICORMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.77
Year-over-Year Change
2.43%
Date Range
1/1/1961 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Canada's All Items Non-Food Non-Energy measures the change in prices for a basket of consumer goods and services, excluding food and energy. This metric is a key indicator of underlying inflationary pressures in the Canadian economy.
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 CPI All Items Non-Food Non-Energy index tracks price changes in a wide range of consumer goods and services in Canada, excluding volatile food and energy items. This measure provides a more stable view of core inflationary trends, which is useful for policymakers and analysts monitoring the health of the Canadian economy.
Methodology
The data is collected through surveys of consumer expenditures and retail prices across the country.
Historical Context
The CPI Non-Food Non-Energy is closely watched by the Bank of Canada and other policymakers for insights into underlying inflation dynamics.
Key Facts
- The CPI Non-Food Non-Energy index was first published in 1992.
- The index has a base year of 2015=100.
- The index excludes the volatile food and energy components of the overall CPI.
FAQs
Q: What does this economic trend measure?
A: The CPI All Items Non-Food Non-Energy for Canada measures the change in prices for a basket of consumer goods and services, excluding food and energy, which are more volatile components.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more stable view of underlying inflationary pressures in the Canadian economy, which is useful for policymakers and analysts monitoring economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and retail prices across Canada.
Q: How is this trend used in economic policy?
A: The CPI Non-Food Non-Energy index is closely watched by the Bank of Canada and other policymakers for insights into core inflationary dynamics, which inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The CPI data is released on a monthly basis with a typical lag of around two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Canada (CANCPICORMINMEI), retrieved from FRED.