Canada inflation cpi


Canada inflation cpi: 2 (25%)
Last Update: October 31, 2024

Canada inflation cpi closed down 2 as of October 31, 2024 from 1.6 from the previous month and 3.1 from last year.


Canada inflation cpi Analytics & Data




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Canada inflation cpi

Date Values
2024-10-31 2
2024-09-30 1.6
2024-08-31 2
2024-07-31 2.5
2024-06-30 2.7
2024-05-31 2.9
2024-04-30 2.7
2024-03-31 2.9
2024-02-29 2.8
2024-01-31 2.9
2023-12-31 3.4
2023-11-30 3.1
2023-10-31 3.1
2023-09-30 3.8
2023-08-31 4
2023-07-31 3.3
2023-06-30 2.8
2023-05-31 3.4
2023-04-30 4.4
2023-03-31 4.3
2023-02-28 5.2
2023-01-31 5.9
2022-12-31 6.3
2022-11-30 6.8

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Canada inflation cpi Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
inflation cpi ca.inflationcpi 2.0 1.6 25 -35 Down Down 49 2024-10-31

Canada inflation cpi Quantitative Analysis, Charts & Factors

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Canada inflation cpi Historical Data

The MacroVar database offers free access to historical data for the Canada inflation cpi, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Canada inflation cpi data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Canada inflation cpi

The Canada inflation consumer price index (CPI) is a key economic indicator used to measure the average price increase of goods and services consumed by households in Canada. The CPI is calculated by comparing the current prices of a basket of goods and services to a base year, and then adjusting for changes in prices over time. This index is important for policymakers, businesses, and consumers as it provides insights into the overall cost of living, inflation rates, and purchasing power of Canadians. A higher CPI indicates that prices are increasing and can lead to a decrease in purchasing power, while a lower CPI suggests that prices are stable or decreasing, which can benefit consumers. Overall, the Canada inflation CPI is a crucial tool for monitoring economic health and making informed decisions.

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