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The Consumer Price Index (CPI) represents changes in prices as experienced by Canadian consumers. It measures price change by comparing, through time, the cost of a fixed basket of goods and services.
The goods and services in the CPI basket are divided into 8 major components: Food; Shelter; Household operations, furnishings and equipment; Clothing and footwear; Transportation; Health and personal care; Recreation, education and reading, and Alcoholic beverages, tobacco products and recreational cannabis. CPI data are published at various levels of geography including Canada, the ten provinces, Whitehorse, Yellowknife and Iqaluit, and select cities.
Features
Key indicators| All indicators
Selected geographical area: Canada
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6.9%
(12-month change) -
141.63.4%
(annual change)
CPI News
Next release
The Consumer Price Index for October will be released on November 16.
Consumer Price Index fact check
Consumer prices have been deeply affected by the COVID-19 pandemic and, more recently, global events such as the war in Ukraine. In this context, some facts about how the CPI is calculated can help to explain how the prices consumers are seeing – for example, on grocery store shelves and at the pumps – are accurately reflected in the CPI calculation each month. Some answers to the most common questions asked about the CPI in this context are presented here: "CPI Fact Check: Measuring inflation during the COVID-19 pandemic and beyond".
Food infographic and paper
An infographic, "Behind the Numbers: The rise in prices for wheat-based food products", and an accompanying paper “Behind the Numbers: What’s Causing Growth in Food Prices?” will be available during Financial Literacy Month in November 2022.
The Representative Products of the Consumer Price Index
Check out the updated list of The Representative Products of the Consumer Price Index! What do you want to see on this list? Fill out our feedback form to let us know.
Podcasts
Listen to the Eh Sayers Season 2 Episode 3 podcast, to learn more about supply chains.
Listen to the Eh Sayers Season 1 Bonus Episode podcast, to learn more about inflation.
Personal Inflation Calculator
This Personal Inflation Calculator is an interactive tool that allows you to estimate your personal inflation rate based on your household expenses.
Consumer Price Index Data Visualization Tool
The Consumer Price Index Data Visualization Tool is an interactive dashboard that provides access to current and historical Consumer Price Index (CPI) data in a dynamic and customizable format.
An overview of Canada's Consumer Price Index (CPI)
The video "An overview of Canada's Consumer Price Index" provides an overview of the Consumer Price Index (CPI). It defines the CPI and looks at what it measures and how it is used.
The Consumer Price Index (CPI) and Your Experience of Price Change
The video "The Consumer Price Index (CPI) and Your Experience of Price Change" explains how and why the price change reported by the Consumer Price Index (CPI) may vary from the prices Canadians see on the shelves. It tells the story of Joe and Izzy, and how they each perceive price change as compared with the CPI.
Statistics Canada Training Institute – Consumer Price Index
The online lecture "Canada Training Institute – Consumer Price Index" provides an introduction to Statistics Canada's definition and production of the Consumer Price Index, which measures the rate at which prices of goods and services purchased by Canadian consumers change, on average, over a specified period of time.
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