Consumer Price Index Portal
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.
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3.2%
(12-month change) -
164.22.1%
(annual change)
CPI news
Next release
The CPI for June will be released on Monday, July 20.
Reddit "Ask Me Anything”
Do you have questions about the CPI, Canadian inflation or what the new CPI basket means for measuring consumer prices? Join us for our "Ask Me Anything" event on Reddit on June 23, 2026, at 1:30 p.m., Eastern Time.
Consumer Price Index basket update
The basket of goods and services used in the calculation of the CPI has been updated with the release of the May 2026 data The new basket weight reference period will be 2025, based on the most recent household final consumption expenditure data, as well as expenditures from the Survey of Household Spending and other alternative data.
The base period, in which the all-items CPI is set to equal 100, remains 2002.
For more detailed information, consult the document entitled "An Analysis of the 2026 Consumer Price Index Basket Update, Based on 2025 Expenditures"
Enhancement to the photographic equipment and supplies index
Starting with the May reference month, the photographic equipment and supplies index is now calculated using a hedonic quality adjustment methodology, similar to the approach used for digital computing equipment and devices in the CPI. In addition, updates are being made to the audio equipment sample to better reflect current consumer technologies.
Check out
- The list of representative products of the CPI.
- The Recent analytical products document, which provides an overview of the most recent analytical products published alongside the CPI.
- The Canadian Consumer Price Index Enhancement Timeline, an interactive timeline of the modernization of the CPI and related programs with dates, links, and summary of key developments.
- CPI fact check to find answers to the most common questions about the CPI, including how food prices are collected and how shelter costs are measured.
Listen to the podcasts
- Why food inflation is such a hard nut to crack
- In a movie about the economy, is inflation the bad guy?
- Dude, where's my semiconductor? to learn more about supply chains.
- Why should you care about inflation?
Read our analysis
CPI data visualization tool
The Consumer Price Index Data Visualization Tool is an interactive dashboard that provides access to current and historical CPI data in a dynamic and customizable format.
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.
An overview of Canada's CPI
The video An overview of Canada's Consumer Price Index provides an overview of the CPI . It defines the CPI and looks at what it measures and how it is used.
The 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 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.
Food Price Data Hub
The Food Price Data Hub offers access to a centralized collection of information on food prices in Canada.