Inflation & Prices
An in-depth look at inflation dynamics across Canada — CPI trends over time, geographic divergence across provinces, and sector-level price pressures. Generated directly from Statistics Canada microdata and refreshed automatically with each new data release.
Updated July 20, 202611 charts
Overview
Updated
Year-over-year CPI change since 2016, with Bank of Canada 1–3% target bandData through Jun 2026
OverviewUpdatedOriginal analysis
Share of the CPI basket inflating above 5%, 3–5%, at target, below 1%, or falling — weighted by official basket weightsHow to read: Each colored band is the share of everything Canadians buy (by spending weight) whose price is changing at that pace — the red area shows how much of the basket is inflating above the Bank of Canada's target range.Data through Jun 2026
OverviewUpdatedOriginal analysis
Headline CPI vs the Bank of Canada's three core measures (CPI-trim, CPI-median, CPI-common), with the 1–3% target bandHow to read: Headline inflation bounces around with gas and mortgage rates; the Bank of Canada steers by these three core measures that strip out the noise — when they sit above 3%, rate cuts stay on hold.Data through Jun 2026
OverviewUpdatedOriginal analysis
The average hourly wage divided by prices, indexed to 2018 = 100 — above 100, pay is outgrowing inflationHow to read: If the line is above 100, the average hourly wage has grown faster than prices since 2018 — your pay is buying more, not less.Data through Jun 2026
OverviewOriginal analysis
Cumulative price growth since January 2020 — groceries, gasoline, all-items, and the average wageHow to read: Inflation slowing just means prices are rising more slowly — not falling. Every line shows how much higher prices are than at the start of 2020.Data through Jun 2026
OverviewProvincial
Latest CPI readings mapped across Canadian provincesData through Jun 2026
ProvincialSmall-multiples trend lines for each provinceData through Jun 2026
ProvincialSectors
Updated
Current inflation rates by CPI component vs. headlineData through Jun 2026
SectorsUpdated
Stacked contributions of each CPI component to headline inflationData through Jun 2026
SectorsUpdated
Detailed look at the three categories driving the most inflation pressureData through Jun 2026
Sectors
UpdatedPrice pressures across CPI components over timeData through Jun 2026
Sectors