Canada inflation rate, 1960 to 2025
Canada inflation rate stood at 2.07% in 2025, down 0.3pp on the previous period.
Consumer prices in Canada rose 2.4 percent in 2024, after 3.9 percent in 2023. The window's extremes are 12.5 percent in 1981 and 0.2 percent in 1994.
How it is measured
The figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG): the annual percentage change in the consumer price index, as compiled by the national statistical office. A CPI tracks the cost of a fixed, weighted basket of goods and services meant to represent typical household consumption, so the inflation rate is the year-over-year change in what that basket costs. Basket contents and weights are national choices, which is one reason cross-country comparisons need care.
What the curve shows
Inflation compounds silently: at 3.7 percent a year, this window's average, prices double roughly every 19 years. The chart's spikes are the years households remember. Central banks in most economies aim near 2 percent; sustained readings far above or below that band are what policy reacts to.
Whose prices does the index track?
What does a negative figure mean?
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