
Monthly Consumer Price Index in Canada 2020-2023
***** in Canada. This represented an increase of ** points compared to June 2020.
The Consumer Price Index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services.
In 2022, the average inflation rate in Canada was approximately *** percent compared to the previous year.
By June 2023, the Consumer Price Index had reached The Consumer Price Index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services.
In 2022, the average inflation rate in Canada was approximately *** percent compared to the previous year.