Canada core inflation rate


Canada core inflation rate: 2 (-4.76%)
Last Update: March 31, 2024

Canada core inflation rate closed down 2 as of March 31, 2024 from 2.1 from the previous month and 4.3 from last year.


Canada core inflation rate Analytics & Data




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Canada core inflation rate

Date Values
2024-03-31 2
2024-02-29 2.1
2024-01-31 2.4
2023-12-31 2.6
2023-11-30 2.8
2023-10-31 2.7
2023-09-30 2.8
2023-08-31 3.3
2023-07-31 3.2
2023-06-30 3.2
2023-05-31 3.7
2023-04-30 4.1
2023-03-31 4.3
2023-02-28 4.7
2023-01-31 5
2022-12-31 5.4
2022-11-30 5.8
2022-10-31 5.8
2022-09-30 6
2022-08-31 5.8


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Canada core inflation rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
core inflation rate ca.coreinflationrate 2 2.1 -5 -53 Down Down 10 2024-03-31

Canada core inflation rate Factors

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What is the Canada core inflation rate

Introduction:

Welcome to our webpage showcasing the Canada core inflation rate. On this page, you will find current and historical data, trends, signals, analytics, and charts for the Canada core inflation rate. We will also explain what the Canada core inflation rate is and how it should be interpreted. Additionally, users can export historical data for free for further analysis and utilize our powerful MacroVar signals, trends, and analysis for better insights.

What is Canada core inflation rate?

The Canada core inflation rate represents the rate of change in the price of goods and services in the Canadian economy, excluding volatile items like food and energy. It is a key economic indicator used by policymakers, investors, businesses, and consumers to assess the health of the economy and make informed decisions.

Interpreting the Canada core inflation rate:

The Canada core inflation rate provides insights into the underlying inflationary pressures in the economy. By excluding volatile items like food and energy, it aims to measure the sustained, long-term inflation trend. A higher core inflation rate suggests increasing overall prices, while a lower rate indicates a more stable or decreasing inflation environment.

When interpreting the Canada core inflation rate, it is important to consider the overall economic context, such as employment levels, GDP growth, and monetary policy. A higher-than-expected core inflation rate could potentially lead policymakers to implement tighter monetary policies to curb inflation. Conversely, a lower-than-expected rate might warrant looser policies to stimulate economic growth.

Current and historical data:

Our webpage provides access to the most up-to-date and historical data on the Canada core inflation rate. You can view monthly, quarterly, and yearly data, allowing you to analyze both short-term fluctuations and long-term trends. The data is presented visually through interactive charts, making it easier to spot patterns and analyze inflation dynamics.

Trends and signals:

In addition to historical data, our webpage offers valuable trends and signals based on advanced analytics. These trends and signals help identify patterns, detect potential outliers, and highlight significant changes in the Canada core inflation rate. By utilizing these tools, you can gain a deeper understanding of the inflationary pressures affecting the Canadian economy.

Exporting data for further analysis:

For researchers, analysts, and economists, we offer the option to export historical data for free. This feature enables you to download the Canada core inflation rate data in a format compatible with popular statistical software or spreadsheet applications. By exporting the data, you can conduct in-depth analysis, develop custom models, and generate your own insights.

MacroVar signals, trends, and analysis:

To enhance your understanding of the Canada core inflation rate, we provide access to our proprietary MacroVar signals, trends, and analysis. MacroVar utilizes cutting-edge machine learning algorithms and artificial intelligence to identify potential turning points, anomalies, and predictive patterns in the data. By leveraging MacroVar, you can stay ahead of the curve and make better-informed decisions.

Conclusion:

In summary, our webpage offers a comprehensive resource for understanding and analyzing the Canada core inflation rate. Whether you are an investor, policymaker, business owner, or researcher, our platform provides the necessary tools and insights to interpret the data effectively. Feel free to explore the current and historical data, export it for further analysis, and utilize our powerful MacroVar signals, trends, and analysis for a more comprehensive understanding of the Canada core inflation rate.

Canada Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
S&P/TSX Composite TSE 20375.9 1 0.5 0.84175 66.9294 -0.00168 0.01692 0.04088 -0.00536
Canada ETF EWC 32.07 -0.5 -1 -2.26844 40.0193 0.0104 0.0025 -0.00435 -0.02906
Canadian Dollar US Dollar (CAD/USD) CADUSD 1.3738 0.5 1 1.42704 52.3244 -0.00866 -0.0068 0.00248 0.03441
Canada 10-Year Bond Yield CA.10Y 3.85 -1 0.75 1.16261 41.8171 -0.01635 -0.03726 -0.06825 0.23318
Canada 5-Year Bond Yield CA.5Y 3.888 -0.5 0.75 1.34291 44.0671 -0.00359 -0.04892 -0.02262 0.21881
Canada 2-year bond yield CA.2Y 4.651 -1 0.25 0.6791 37.6041 0.00562 -0.0167 -0.04536 0.21025
Canada Yield Curve CA.YC -0.714 0 1 1.30003 53.1551 0.17241 0.09846 -0.04673 0.20405
Canada Credit Default Swaps CDS.Canada 39.6 -1 0.5 0.46356 49.3024 0 0 0 0.00943
Canada Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade ca.balanceoftrade 2967.4 1120.8 165 2870 UP UP 98 2023-11-30
bank lending rate ca.banks.lendingrate 7.2 6.7 7 53 UP UP 80 2023-07-31
banks balance sheet ca.banks.bs 1209660 1208030 0 5 UP UP 45 2024-01-31
building permits ca.buildingpermits 11753800 10753200 9 12 UP UP 68 2024-02-29
business confidence ca.bizconfidence 57.5 53.9 7 11 UP UP 78 2024-02-29
capacity utilization ca.caputilization 78.7 78.8 -0 -1 Down Down 44 2023-12-31
capital flows ca.capitalflows 3966 -7870 -150 290 UP UP 72 2023-12-31
car registrations ca.carregistrations 137686 116874 18 25 Down UP 95 2024-02-29
central bank balance sheet ca.cb.assets 313597 322081 -3 -20 Down Down 21 2024-02-29
consumer confidence ca.consconfidence 47.89 47.38 1 1 Down UP 73 2024-03-31
consumer price index cpi ca.cpi 159.8 158.8 1 3 UP UP 51 2024-02-29
core inflation rate ca.coreinflationrate 2 2.1 -5 -53 Down Down 10 2024-03-31
current account ca.currentaccount -1618 -4740 -66 -602 UP Down 5 2024-03-31
current account to gdp ca.currentaccountgdp 0.1 -1.9 -105 -103 UP UP 0 2021-01-31
deposit interest rate ca.depositrate 5.13 5.17 -1 -1 Down Down 5 2023-08-15
exports ca.exports 66624.1 62978.5 6 4 UP UP 50 2024-02-29
external debt ca.externaldebt 4150250 3937380 5 32 UP UP 63 2026-01-31
fiscal expenditure ca.fiscalexp 38529 36061 7 7 UP UP 62 2024-01-31
foreign direct investment ca.fdi 11343 20135 -44 197 Down UP 92 2023-12-31
foreign exchange reserves ca.fxreserves 117950 116251 1 7 UP UP 67 2024-03-31
gdp ca.gdp 2137.94 2001.49 7 20 UP UP 0 2023-12-31
Real GDP ca.realgdp 2355150 2349330 0 15 UP UP 97 2023-12-31
gdp growth ca.gdpgrowth 0.2 -0.1 -300 -91 Down Down 32 2023-12-31
gdp growth annual ca.gdpgrowthan 0.9 0.5 80 -129 Down UP 25 2023-12-31
gdp growth annualized ca.gdpgrowthannu 1 -0.5 -300 -89 Down Down 32 2023-12-31
gold reserves ca.goldres 0 3 -100 -100 Down Down 0 2015-12-31
government budget ca.govbudget -1.3 -3.6 -64 -38 UP UP 57 2023-01-31
Government budget ca.govbudgetvalue -2059 -4472 -54 127 UP Down 85 2024-01-31
government debt to gdp ca.govdebtgdp 107 112.8 -5 32 UP UP 0 2022-01-31
government revenues ca.govrev 41239 36258 14 6 UP UP 58 2024-01-31
housing index ca.housingindex 124.4 124.7 -0 1 Down UP 39 2023-02-28
housing starts ca.housingstarts 242.2 260.05 -7 13 Down UP 75 2024-03-31
imports ca.imports 65232.5 62370.2 5 1 UP UP 48 2024-02-29
industrial production ca.indproduction 1.15 1.59 -28 -38 UP Down 81 2024-01-31
industrial production mom ca.indproductionmm 0.49 -0.45 -209 -21 UP Down 85 2024-01-31
inflation cpi ca.inflationcpi 2.9 2.8 4 -33 Down Down 46 2024-03-31
interbank rate ca.interbankrate 5.5 5.49 0 0 UP Down 13 2023-08-15
interest rate ca.interestrate 5 4.75 5 100 UP UP 74 2023-07-12
loans to private sector ca.loanprivate 670614 671752 -0 6 UP UP 25 2024-01-31
Manufacturing PMI ca.manpmi 49.8 49.7 0 2 UP UP 69 2024-03-31
money supply m0 ca.msm0 228572 238761 -4 -26 Down Down 3 2024-01-31
money supply m1 ca.msm1 1500610 1497550 0 -2 Down Down 24 2024-01-31
money supply m2 ca.msm2 2489420 2487340 0 3 UP UP 11 2024-01-31
money supply m3 ca.msm3 3590800 3584940 0 4 UP UP 8 2024-01-31
Producer Price Index ca.producerprices 124.3 123.4 1 -2 Down Down 22 2024-02-29
PPI Index ca.producerpricesch -1.7 -2.9 -41 -135 UP Down 25 2024-01-31
retail sales MoM ca.retailsales -0.3 0.9 -133 -121 Down Down 0 2024-01-31
retail sales ca.retailsalesan 0.9 2.86 -69 -82 Down Down 30 2024-01-31
retail sales ex autos ca.retailsalesexauto 0.5 0.6 -17 -44 UP Down 72 2024-01-31
unemployment rate ca.unemploymentrate 6.1 5.8 5 22 UP UP 80 2024-03-31
youth unemployment rate ca.ytunemploymentrate 12.6 11.6 9 27 UP UP 80 2024-02-29